• announcement due tomorrow ( Monday)
  • according to sources quoted on Reuters
  • both boards have declined to comment

Worth USD 130 bln it would be the third-largest corporate acquisition in history and has been having a positive impact on GBP as I posted on Thursday.

The talks have been ongoing for a while though so it remains to be seen how much is factored in already, and indeed how much of it will have FX impact.

Questions still remain over what Vodafone will do with the windfall.

Reuters has more here