Vodafone (VOD) to Raise Offer for Kabel Deutschland - Bloomberg

June 18, 2013 3:08 PM EDT
Vodafone (Nasdaq: VOD) might raise its preliminary offer for Kabel Deutschland, reports Bloomberg. Liberty Global plc (Nasdaq: LBTYA) is also interested in Kabel Deutschland, and the stage appears to be set for a bidding war.

Kabel Deutschland is Germany's largest cable company. The revised offer values the company at about €10 billion, up from a previous offer of €7.5 billion.


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