Vodafone shares slip


Shares in Vodafone AirTouch slipped 6 1/4p to 311p on growing fears that it is preparing a $100 billion (£61 billion) hostile takeover bid for Mannesmann, the German industrial and telecoms group that is taking over rival British mobile operator Orange for £22 billion. Mannesmann shares rose

e6.2 to e184.5 which means that they have risen by more than 10% in the last three days.

A Vodafone spokesman said: 'We never comment on market rumours and this one has been around for some time.'