HFA Icon

Vodafone Wins Kabel Deutschland's Bid, What's Paul Singer's Next Move?

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Finally, after much speculation that the deal may not follow through, Vodafone Group Plc (NASDAQ:VOD) (LON:VOD) was able to achieve the 75% percent acceptance level to get its buyout of Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) approved, Reuters reports. Vodafone can add to its growing empire with this new acquisition of Germany's largest cable network.

Vodafone Wins Kabel Deutschland's Bid, What's Paul Singer's Next Move?

Vodafone would be able to buy the German company

In a late night share tally in Frankfurt, and the tedious process of counting and confirming tenders, the British telecom major announced that it has reached the 75 percent...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.