Stocks of Vodafone Group Plc (NASDAQ:VOD) appeared in active trade move, jumped down -1.19% to trade at $28.21 in last session with shares volume of 6.46 Million. Vodafone Group Plc (VOD) released that Vodafone India has takeoverd spectrum in all its key telecom circles in the spectrum auction for a total cost of 2.74 billion euros, of which 1.36 billion euros is payable up-front. Vodafone India now has 17 circles with 4G capability.
The spectrum takeoverd has a 20-year term. Vodafone India takeoverd a total of 2 x 82.6 MHz FDD and 200 MHz TDD spectrum in the auction, providing high-capacity, multi-band 4G capability operating across the 1800, 2100 and 2500 MHz bands.
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Potash Corporation of Saskatchewan Inc. (NYSE:POT) keeps its position active in street, shares closed at $15.98 with plunge of -1.84%. According to SEC filing, Agrium Inc. (AGU) together with Potash Corporation of Saskatchewan Inc. (POT) shareholders stated to hold separate meetings next month to vote on a merger contract. Agrium shareholders will meet in Calgary, Alberta on Nov. 3, while Potash investors meet the same day in Saskatoon, Saskatchewan.
Last month, Agrium and Potash Corporation of Saskatchewan agreed to combine in a merger of equals. Following the close of the transaction, PotashCorp shareholders will own about 52 percent of the new firm, and Agrium shareholders will own about 48 percent on a fully diluted basis. The Arrangement is presently anticipated to be completed in mid-2017. The firm has yearly sales growth for the past five year of -0.80%. While past twelve months price to sales ratio recorded as 2.65 and price to cash ratio remained 95.48.
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