TechHive: Vodafone gets approval for €7.7 billion Kabel Deutschland takeover bid

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Vodafone gets approval for €7.7 billion Kabel Deutschland takeover bid Sep 13th 2013, 13:25 Vodafone is close to acquiring Kabel Deutschland, Germany's largest cable operator, for €7.7 billion ($10 billion). [Click Here to read about Vodafone Germany's huge hack affecting 2 million consumers] The minimum threshold of 75 percent of shareholders agreeing to the deal has been met, the company said in a news release Thursday. Vodafone expects to complete the acquisition by the end of the month. The deal still needs antitrust approval from the European Commission. Phase one of that review is expected to close by Sept. 20, Vodafone said. To read this article in full or to leave a comment, please click here Media files: vodafone-100054026-small.jpg

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