Vodafone looks to buy out Kabel Deutschland minority shareholders
December 23, 2020
Vodafone has offered to buy the remaining share it does not already own in German cable television company Kabel Deutschland in a deal worth up to €2.1 billion. The UK telecom group, which bought a 76.8% stake in the company in 2013, would pay €103 per share. Vodafone has been involved in a long-running legal battle with Kabel's minority shareholders over the price it paid for its stake.