UBS Warburg places large block of Vodafone shares

UBS Warburg has managed to place a sizeable slug of Vodafone shares into the open market without having to offer them at a deep discount.

The deal is a coup for Swisscom, the Swiss telecom firm which has managed to offload its stake in Vodafone without having to offer the shares at a bargain-basement price. It is also good news for Vodafone, which saw its share price relatively unscathed by the transaction.

WSJ Logo
The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.