Vodafone Group Plc (LON:VOD) (NASDAQ:VOD) offered €7.7 billion ($10.1 billion) for Germany’s largest cable company Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) (OTCMKTS:KBDHF) .
Vodafone’s Offer:
The world’s second largest mobile network operator Vodafone Group Plc (LON:VOD) (NASDAQ:VOD) offered to buy Germany’s cable operator at €85 a share, to bolster its ability to offer bundled deals of telecoms, broadband and TV services.
The sweetened offer from Vodafone tops the rival indicative proposal of close to €85 a share from Liberty Global PLC (NASDAQ:LBTYA) (NASDAQ:LBTYB) (NASDAQ:LBTYK). Earlier the UK-based mobile operator Vodafone Group Plc (LON:VOD) Setup a free account to get access to this article (no credit card required).Login required to continue reading.
