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Vodafone completes Kabel Deutschland takeover offer

2013-10-14 13:51:00| Telecompaper Headlines

(Telecompaper) Vodafone announced that the voluntary public takeover offer for German cable network operator Kabel Deutschland has been completed. Vodafone now owns 76.57 percent of Kabel Deutschland's share capital. Vodafone will now enter into a domination and profit and loss transfer agreement with Kabel Deutschland in line with German Stock Corporation Law. This allows Vodafone to consolidate the company's results, while also agreeing rights and payments for minority shareholders. Vodafone announced in June the takeover bid, valuing the German cable operator at EUR 7.7 billion plus EUR 3 billion in debt.

Tags: offer deutschland kabel vodafone

 

Allnex Completes Acquistion of Bayer\'s Desmolux Product Range

2013-10-14 07:00:00| Coatings World Breaking News

Tags: product range completes acquistion

 
 

JM completes expansion in Wertheim

2013-10-14 07:00:00| Nonwovens Industry Breaking News

Microglass fiber nonwovens capacity will target filtration applications.

Tags: expansion completes completes expansion

 

Vodafone completes 7.7bn Kabel Deutschland deal

2013-10-14 02:00:00| Total Telecom industry news

German fixed-line market set for shake-up after Voda secures 76.57% of cableco.

Tags: deutschland deal kabel vodafone

 

Statoil completes drilling of wells at Volve field, North Sea

2013-10-14 01:00:00| Offshore Technology

Norwegian multinational oil and gas company Statoil Petroleum has completed the drilling of the 15/9-F-1 and 15/9-F-1 A wells, which are situated between the Sleipner West and Sleipner East fields, on the Volve field in the central North Sea.

Tags: north field sea wells

 

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