Vodafone will publish tender ratio for Kabel Deutschland deal on 16 September
Following support for a Kabel Deutschland takeover, telecoms giant Vodafone has announced that it "will publish a final announcement with the definitive tender ratio on 16 September" (release).
Having acquired the necessary 75 per cent minimum approval from Kabel Deutschland (KDH) shareholders, the German television provider will be purchased in a €7.7bn (£6.5bn) deal.
€7.7bn deal.
KDH shareholders who have not accepted the Offer within the acceptance period may still accept the Offer within the additional acceptance period that is expected to commence on 17 September 2013 and end at 24:00 hours (Frankfurt am Main local time) on 30 September 2013.