While we’re on the subject of the FX and Vodafone/Verizon here’s a very good article from the FT giving a great run down on proceedings. It’s well worth a read to those not aware.
Aside from the soup and nuts of the deal it is said that around £10bn could be injected into the UK stock market as a result. The story is from yesterday before you go jumping into the FTSE with both feet
Another pertinent point is a note from Citi who expect funds to buy the pound and they say we could see $2.4bn done on the Friday close tomorrow with another $5.1bn on the 25th close.
The article here is gated but opens if you answer a question, like how many donuts will it take fill a fish tank or some such other marketing rubbish, well it did for me anyway. Well worth the read though if you can.
