The report states that Vodafone is prepared to offer a 10% premium on the share price, making the offer worth around $1.7 billion.
Vodafone make another attempt to take control of Japan Telecom
According to the Japanese Nihon Keizai Shimbun newspaper Vodafone is set to raise its holding in Japan Telecom to a majority stake. The company has approached East Japan Railway in an attempt to purchase its 15.1% stake in the company.
