Vodafone gains after regulator says Three UK deal likely to go ahead
** Shares of Vodafone VOD.L rise as much as 1.1% to 73p, stock among top pct gainers on FTSE 100 .FTSE which is flat
** The Competition and Markets Authority in a provisional ruling said the $19 bln merger between Vodafone and Hutchison's 0001.HK Three UK is likely to be given the go ahead as investment commitments outweigh concerns over competition
** The CMA said the deal could proceed if the remedies it recommends are implemented, including a legally binding commitment to invest in the roll-out of the 5G network plus short term customer protections
** Hutchison up 0.4% at HK$41.3
** As of last close, VOD up ~5% YTD, compared to FTSE 100's ~6% gain
Reporting by Aby Jose Koilparambil in Bengaluru
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