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Vodafone offers €2.1bn to end German legal battle

The telecoms giant is looking to resolve the legal tussle over its takeover of Kabel Deutschland
December 24, 2020
  • The group acquired a 77 per cent stake in Kabel Deutschland in 2013 but minority shareholders have been contesting the takeover price
  • The €2.1bn deal will end a long-running legal battle but add to an already mountainous debt pile

Vodafone (VOD) has offered more than €2bn (£1.9bn) to buy out the minority shareholders in its German cable business. The group is attempting to resolve a long-running legal battle over the price of its takeover in 2013.

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