Categories:Telecoms

Macfarlanes and Slaughters lead as Verizon buys Vodafone stake

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  • If the deal had been subject to UK tax it would be exempted from tax by virtue of the substantial shareholder exemption in the Capital Gains Tax Act so it is a perfectly legitimate deal with benefits for the company , its shareholders and UK plc . Mr Colao and his board have negotiated a brilliant deal through patience and resilience which is greatly to be admired .

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