Monday, August 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Alienware Brings Liquid Cooling and Dynamic Overclocking to Holiday Lineup
Razer Launches Wildcat Xbox One Controller And Upgraded Nabu Smartband
Workstation Market Shippments Rebound In Q2
Google Will Help You Find Your Plumber
IFA 2015: What We Know So Far
Acer Liquid Z410 And Liquid Jade Z Phones Released
Huawei Honor Phones Coming To Europe
AMD Radeon R9 370X Graphics Card Launched In Asia
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Vodafon...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, June 24, 2013
Vodafone Buys Kabel Deutschland


Vodafone today announced its intention to acquire Kabel Deutschland. The planned transaction is valuing the company's equity at Euro 7.7 billion. The management team of Kabel Deutschland welcomed and accepted the offer.

In a statement Kabel Deutschland said it believes "a future combination with Vodafone promises highly attractive long-term benefits for both companies, their customers, workforces and shareholders."

The offer announced by Vodafone is accompanied by a Business Combination Agreement. The tender offer price of Euro 84.50 will be increased by Euro 2.50 to Euro 87.00 per share if the transaction closes before the Kabel Deutschland Annual General Meeting on 10 October 2013. If the transaction closes after 10 October 2013, Kabel Deutschland shareholders will receive the dividend of Euro 2.50 per share first and Euro 84.50 per share from Vodafone on closing of the transaction.

Vodafone, CEO Adrian v. Hammerstein said: "Kabel Deutschland has evolved into one of the most dynamic players in the sector. Its high-performance infrastructure and successful strategy makes it ideally placed to continue returning above-average growth in a rapidly changing market. Kabel Deutschland and Vodafone are an ideal fit. Together, we have the opportunity to become Germany's leading telecommunications and television provider and to create what for the German market is a unique, winning combination of fixed line and mobile communications."


Previous
Next
Microsoft and Oracle Team Up On Cloud Computing        All News        Google Says It Has Succesfull Responded To European Antitrust Authorites
'Age of Empires' Coming To to Apple, Android phones     Mobiles News      Nokia Asha 501 Debuts In More Countries

Get RSS feed Easy Print E-Mail this Message

Related News
Vodafone and Huawei Achieve First GSM-LTE Spectrum Trials
Vodafone To Buy Cobra Automotive Technologies
Vodafone Says Its Network Is Tapped
Vodafone to acquire Spanish Cable Firm Ono For $10bn
Vodafone To Promote Ubuntu On Mobiles
FCC Clears Verizon Purchase of Vodafone Stake
AT&T Intrested In Vodafone: report
European Regulators Approve Acquisition of Kabel Deutschland by Vodafone
Hackers Steal Consumer Data From Vodafone Germany's Servers
Verizon To Acquire Vodafone's 45 Percent Interest In Verizon Wireless For $130 Billion
Vodafone in Talks With Verizon To Sell U.S. Venture
Vodafone Announces Vodafone 360 Internet Services

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .