Deals
Verizon in Talks With Vodafone for Full Control of Wireless
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Verizon Communications Inc. is in talks to acquire U.K. partner Vodafone Group Plc’s 45 percent stake in Verizon Wireless in what would be the biggest deal in more than a decade.
The carriers are in advanced discussions about a sale of the holding for about $130 billion, according to people with knowledge of the matter. Verizon is working with several banks to raise $10 billion from each, or enough to finance about $60 billion of the buyout, said two of the people, asking not to be identified because the talks are private.