0
Broadband

Vodafone launches Kabel Deutschland public takeover offer

Tuesday 30 July 2013 | 20:06 CET | News
Vodafone Group has officially launched a public takeover offer for Kabel Deutschland Holding. Shareholders of Kabel Deutschland can tender their shares from 30 July to 11 September. The offer price is EUR 84.50 per share in cash plus the payment of the proposed EUR 2.50 dividend announced by Kabel Deutschland on 20 February, delivering a total value of EUR 87 per share. The Offer represents a premium of 51 percent to the weighted average share price of Kabel Deutschland during the three months period ended 12 February, which was the last undisturbed trading day before news articles were

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.

Subscriptions

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: Kabel Deutschland / Vodafone Group
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.


Related

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 ...

Vodafone gets 75% of Kabel Deutschland shares

Published 13 Sep 2013 08:47 CET | Germany
Vodafone said it has met the minimum 75 percent of shares tendered in its bid for Kabel Deutschland. While the German operator's ...

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 adds 71,000 web, phone customers in Q1

Published 14 Aug 2013 11:06 CET | Germany
German cable network operator Kabel Deutschland added 71,000 net new internet and phone customers in the first quarter to 30 June ...

Kabel Deutschland continues superfast broadband roll-out

Published 07 Aug 2013 12:16 CET | Germany
German cable network operator Kabel Deutschland has launched superfast broadband services in communities around Regensburg. As a ...

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 biedt officieel op aandelen Kabel Deutschland

Published 31 Jul 2013 08:53 CET | Germany
Vodafone Group heeft officieel een openbaar overnamebod gedaan op Kabel Deutschland. Daarmee kunnen individuele aandeelhouders ...

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 ...

Vodafone/Kabel Deutschland combination threat for Telekom Deutschland

Published 02 Jul 2013 17:02 CET | Germany
Following several months of rumours, Vodafone announced on 24 June a bid for Germany's largest cable network operator Kabel ...

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 ...