Vodafone completes sale of Japanese arm

Vodafone has completed the sale of its 97.68% interest in Vodafone Japan to a wholly-owned subsidiary of SoftBank Corporation.

Thu, 27 Apr, 2006 - 10:06

Vodafone has completed the sale of its 97.68% interest in Vodafone Japan to a wholly-owned subsidiary of SoftBank Corporation.

The sale values Vodafone Japan at an enterprise value of about 1.8 trillion yen (€12.8bn).

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CourtsBusinessHeathrowPerson: Arun SarinOrganisation: VodafoneOrganisation: Vodafone JapanOrganisation: SoftBank CorporationOrganisation: SoftBank
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