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Kabel Deutschland wants Vodafone (VOD) to pay €11B ($14.7B) - over €8B in cash for its...

Kabel Deutschland wants Vodafone (VOD) to pay €11B ($14.7B) - over €8B in cash for its equity + nearly $3B in assumed debt - to acquire it, The Sunday Times reports. The cash component would represent a ~10% premium from Kabel's Friday close in Frankfurt, and an 11%+ premium from the €7.2B offer Reuters reports Vodafone recently made. The paper adds Vodafone is set to made a fresh bid. (previous)
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Comments (2)
  • Veritas1010
    , contributor
    Comments (1685) | Send Message
     
    Let the games begin! Let's see how much the Wizards of VOD will overpay!!!
    16 Jun 2013, 08:07 PM Reply Like
  • vinchainsaw
    , contributor
    Comments (235) | Send Message
     
    And overpay they surely will!
    Even the initial offer was too much.
    17 Jun 2013, 04:21 AM Reply Like
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