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KDG hires banks to advise on Vodafone bid - report

Tuesday 19 February 2013 | 11:27 CET | News
German cable network operator Kabel Deutschland (KDG) has appointed Morgan Stanley and Perella Weinberg Partners to advise on its strategy as it faces a potential takeover bid from Vodafone Group, people familiar with the matter told Bloomberg. The unnamed sources said that the banks were working with Kabel Deutschland to prepare for an offer from Vodafone. They added that it would review the financial and strategic benefits of any offer.

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Categories: Fixed
Companies: Kabel Deutschland / Vodafone Group
Countries: Germany
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