Kabel Deutschland confirms receiving initial offer from Liberty Global priced at Eur7.5 billion according to a British newspaper.
Kabel Deutschland
Breaking News
According to sources, Vodafone considers to improve its bid for Kabel Deutschland after the said deal to purchase the company at Eur81 per share.
Vodafone confirmed that the company is pursuing its informal offer to Kabel Deutschland which was priced EUR81 per share.
Fitch ratings warns Vodafone of the effect should the British firm purchase Kabel Deutschland.
Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.
Kabel Deutschland declined to comment on potential interest from UK-based mobile operator Vodafone to buy the German cable network operator.
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