Verizon Seen Seeking $60b to Back Potential Wireless Purchase

Aug. 29 (Bloomberg) -- Verizon Communications Inc. is said to be seeking $60 billion in financing to back its potential purchase of Vodafone Group Plc’s stake in its wireless unit.

* VZ in talks about an acquisition of Vodafone’s 45% stake in

Verizon Wireless for about $130b, according to people with

knowledge of the matter and is negotiating with several

banks to raise about half that amount, said two of the

people, who asked not to be named because the talks are

private

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