Vodafone Buys Kabel Deutschland For $10 Billion – ValueWalk Premium
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Vodafone Buys Kabel Deutschland For $10 Billion

Vodafone Group Plc (LON:VOD) (NASDAQ:VOD) offered €7.7 billion ($10.1 billion) for Germany’s largest cable company Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) (OTCMKTS:KBDHF) .

Vodafone's Offer:

The world’s second largest mobile network operator Vodafone Group Plc (LON:VOD) (NASDAQ:VOD) offered to buy Germany’s cable operator at €85 a share, to bolster its ability to offer bundled deals of telecoms, broadband and TV services.

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