A PYMNTS Company

EU: Vodafone edges closer to $13B telecoms buyout

By  |  February 19, 2013

Telecoms giant Vodafone has reportedly hired Goldman Sachs to advise the company as it looks into buying Germany’s Kabel Deutschland for more than $13 billion. The move suggests Vodafone is edging closer to making the deal a reality. According to reports, if the deal were to succeed it would “transform” Germany’s telecoms market and would mark Vodafone’s largest deal since 2007. Competition authorities would need to approve of the deal, but the transaction would put Vodafone in a powerful position in the European market.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.