Vodafone Group has worked out a so-called ‘domination agreement’ with Kabel Deutschland, three months after completing its EUR7.7 billion (USD10.5 billion) takeover of the German cable operator. Under the terms of the deal Vodafone is to offer the remaining shareholders EUR84.53 per share for each outstanding share, which is just above the EUR84.50 it paid to carry out the takeover in June, 4-Traders reports. In October the British company announced that it had completed the voluntary public takeover offer Kabel Deutschland and now holds 76.57% of the cableco’s share capital.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors