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Broadband

Vodafone prepares higher bid for Kabel Deutschland - report

Monday 17 June 2013 | 09:10 CET | News
Vodafone is preparing to make a fresh bid approach to Kabel Deutschland, following the rejection of its initial offer of nearly EUR 80 a share. People familiar with talks told the Financial Times that, while no new approach has yet been made and no decision reached over the price to be offered, it was unlikely that Vodafone would walk away from the deal. One of the people said that Vodafone was likely to offer slightly more than KDG's current market price of EUR 82 a share in order to get access to the German operator's books and conduct due diligence. Some analysts estimated that a revised

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