Monday, June 24, 2013

Vodafone offers 7,700 million TV operator ... - The Mundo.es

British mobile phone group Vodafone has made a friendly offer of 7,700 million euros for the first German cable operator, Kabel Deutschland group .

“The Executive Board and the Supervisory Board of Kabel Deutschland plan to recommend that shareholders accept the offer ” Vodafone said in a statement.

Vodafone offers

87 euros per share , when its current price of around 84.1 euros after several days up by rumors about your purchase.

Vodafone’s offer could push other operators interested in Kabel, American Liberty Global, has launched another bid for the German group.

8.5 million subscribers and 1,700 million euros of annual turnover, Kabel Deutschland is the largest cable operator in Germany, it operates in 13 of the 16 Länder (regional states) the country.

This transaction would allow Vodafone, already present in the mobile phone sector in Germany, to expand into Internet and television. According to his calculations, it would save about 300 million euros in synergies to acquire Kabel.

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