Is SFR back on Vodafone's radar?

Wednesday, 26 February 2014, 11:35 pm

There is a peculiar theory (to be clear, this is just a rumour and not a genuine scoop like some of my previous posts) doing the rounds in the market. It goes something like this: Vodafone is interested in buying French telecoms company SFR back from Vivendi.

I realise this might seem like a well-timed theory for investment bankers looking for fees from deals. Vodafone has just seen a whole load of cash from its $130 billion sale of its 45pc stake in Verizon Wireless drop into its bank account...

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