Schemes' Vodafone return 'diluted' by Verizon deal

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The return for institutional investors from Vodafone's sale of its stake in Verizon Wireless will be diluted and could even put pension schemes at risk, experts warn.

The deal will see Vodafone sell its 45% stake in US telecom company Verizon Wireless to partner Verizon Communications for £84bn. The two firms created Verizon Wireless as a joint venture in 2000. ...

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