Britain's Vodafone PLC,launched a takeover bid for Germany's biggest cable operator, Kabel Deutschland, which values the German company at 7.7 billion euros ($10.2 billion).
Kabel Deutschland Holding AG, has more than 8 million customers, said Monday that its management and supervisory boards "welcome this announcement." .
Vodafone to offer 87 euros per share. When including 3 billion euros in net debt, the deal puts Kabel Deutschland's total value at 10.7 billion euros.
Kabel Deutschland Holding AG, has more than 8 million customers, said Monday that its management and supervisory boards "welcome this announcement." .
Vodafone to offer 87 euros per share. When including 3 billion euros in net debt, the deal puts Kabel Deutschland's total value at 10.7 billion euros.
No comments:
Post a Comment