Vodafone under pressure from activist investor to boost shareholder returns

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Source: Unsplash / Visual Stories || Micheile

Bloomberg reports Cevian Capital has built up stake in Vodafone. Unnamed sources say Swedish investment firm putting pressure on Read and management team to move more aggressively on M&A. Accuses Vodafone board of lacking experience and strategic know-how in telecoms. Vodafone share price gets bounce after news breaks of ...

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