Vodafone offers €2.1bn for remaining stake in KDG
22 December 2020 - 11:05
London — Vodafone has offered the remaining minority shareholders in Kabel Deutschland (KDG) as much as €2.1bn to tender their shares, about seven years after it agreed to buy the German telecommunications company.
Vodafone will give the remaining minority investors, including Elliott Management, €103 for each share, the company said on Tuesday. Following the offer, Vodafone will own at least 94% of KDG’s outstanding shares...
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