Vodafone gets 75% of Kabel Deutschland shares

Friday 13 September 2013 | 08:47 CET | News
Vodafone said it has met the minimum 75 percent of shares tendered in its bid for Kabel Deutschland. While the German operator's shareholders had been slow to accept the offer, the company met the required 75 percent by the expiry of the public bid on 11 September. The exact amount of shares tendered will be announced on 16 September. Any remaining shareholders wishing to sell their stock can do so 17-30 September at the same conditions as the earlier bid. The acquisition still requires approval from the European Commission, which is expected to complete its initial review by 20 September.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: European Commission / Kabel Deutschland / Vodafone
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Kabel Deutschland, Vodafone sign domination agreement

Published 20 Dec 2013 16:02 CET | Germany
Germany's largest cable operator Kabel Deutschland's management board has signed a domination and profit and loss transfer ...

Vodafone completes Kabel Deutschland takeover offer

Published 14 Oct 2013 13:51 CET | Germany
Vodafone announced that the voluntary public takeover offer for German cable network operator Kabel Deutschland has been ...

EC approves Vodafone takeover of Kabel Deutschland

Published 23 Sep 2013 10:23 CET | Germany
The European Commission (EC) has cleared the acquisition of German cable network operator Kabel Deutschland Holding by Vodafone ...

Kabel Deutschland activates more public hotspots

Published 19 Sep 2013 14:46 CET | Germany
German cable network operator Kabel Deutschland has activated more public WLAN hotspots across Bavaria. It has activated single ...

Vodafone offer for KDG reaches 76.48% acceptance

Published 17 Sep 2013 11:30 CET | Germany
German cable network operator Kabel Deutschland confirmed that Vodafone's voluntary public tender offer for the company reached ...

Kabel Deutschland develops new brand identity

Published 16 Sep 2013 15:10 CET | Germany
German cable network operator Kabel Deutschland has announced a new brand identity as it looks to improve awareness and interest ...

Funds to sue for better Kabel Deutschland price - report

Published 16 Sep 2013 10:51 CET | Germany
Three hedge funds plan to sue Vodafone for a better price for their remaining shares in German cable operator Kabel Deutschland, ...

Vodafone may fail to clinch Kabel Deutschland deal

Published 09 Sep 2013 10:12 CET | Germany
Kabel Deutschland shareholders are concerned that Vodafone's bid for the German cable network operator could collapse as approval ...

Vodafone sees low acceptances for KDG bid

Published 05 Sep 2013 12:00 CET | Germany
Vodafone announced that it has acquired or has acceptances for 5.85 percent of Kabel Deutschland's shares. The company launched ...

Vodafone targets Deutsche Telekom in fixed-line market

Published 26 Aug 2013 11:07 CET | Germany
Following its takeover of German cable network operator Kabel Deutschland, Vodafone is looking to overtake rival Deutsche Telekom ...

Cartel Office clears Vodafone, Kabel Deutschland deal

Published 22 Aug 2013 11:13 CET | Germany
Germany's Federal Cartel Office has no objections to Vodafone's proposed takeover of cable network operator Kabel Deutschland. ...

Kabel Deutschland's board agrees to accept Vodafone offer

Published 05 Aug 2013 08:41 CET | Germany
German cable network operator Kabel Deutschland's management and supervisory board have recommended shareholders accept ...

Vodafone launches Kabel Deutschland public takeover offer

Published 30 Jul 2013 20:06 CET | Germany
Vodafone Group has officially launched a public takeover offer for Kabel Deutschland Holding. Shareholders of Kabel Deutschland ...

Vodafone looks to complete Kabel Deutschland deal in October

Published 16 Jul 2013 10:57 CET | Germany
Vodafone Group is looking to complete the acquisition of German cable operator Kabel Deutschland Holding after latter's ...

Liberty unlikely to raise Kabel Deutschland bid - report

Published 03 Jul 2013 14:35 CET | Germany
Liberty Global is unlikely to increase its offer for German cable network operator Kabel Deutschland, reports Bloomberg citing ...

Kabel Deutschland staff want more assurances in Vodafone bid

Published 01 Jul 2013 09:17 CET | Germany
Kabel Deutschland staff support management's plan to consider Vodafone Germany's takeover offer in detail but want greater ...

Vodafone offers EUR 7.7 bln for Kabel Deutschland

Published 24 Jun 2013 08:43 CET | Germany
Vodafone has offered EUR 7.7 billion for Kabel Deutschland, valuing the German cable operator at EUR 87 a share. Based on a ...

Calendar   /   Industry Events

01 Dec 5G Italy
02 Dec FTTH Conference
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
09 Dec Comtech fiscal Q1
09 Dec Zayo fiscal Q3
10 Dec Ciena fiscal Q4
10 Dec Broadcom fiscal Q4
10 Dec Cisco AGM
::: More Calendar Items