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Broadband

Tele Columbus fulfils conditions for Morgan Stanley takeover

Wednesday 17 February 2021 | 10:35 CET | News
The management board of German cable operator Tele Columbus has confirmed in a letter to Kublai that the conditions for the completion of the voluntary public takeover offer are fulfilled. Kublai, a company affiliated with Morgan Stanley Infrastructure, announced a voluntary public takeover offer for Tele Columbus on 21 December at EUR 3.25 per share. The management and supervisory boards of German cable operator Tele Columbus have recommended that shareholders accept the acquisition offer.  The acceptance period ends on March 15. 

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Categories: Fixed
Companies: Morgan Stanley / Tele Columbus
Countries: Germany
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