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Wednesday Papers: Vodafone sells China Mobile stake for £4.3bn - bid news and gossip
The UK mobile phone group said that 70% of the proceeds from the sale would be returned to shareholders.
Markets
The Independent
* The leisure group Whitbread has said that revenues at its budget hotel chain Premier Inn have surged beyond pre-recession levels.
Daily Express
* Sports Direct said sales rose to £408 million in the 13 weeks to July 25, up from £375 million a year ago, boosted by World Cup.
* Invensys topped the blue chip gainers board yesterday, rising more than 7 per cent as investors piled in on talk of overseas bid interest.
Daily Mail
* Orange and T-Mobile merge networks so users can switch between them.
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