Vodafone Public Takeover Offer For Kabel Settled - Quick Facts

(RTTNews) - British telecom giant Vodafone Group Plc (VOD, VOD.L), Monday said that the voluntary public takeover offer for Kabel Deutschland Holding AG (KBDHF.PK), by its unit, Vodafone Vierte Verwaltungs AG, has been settled and completed as of October 14. Vodafone said it now holds 76.57 percent of Kabel's share capital.

After the general meeting of Kabel's shareholders on October 10, Vodafone still intended to enter into a domination and profit and loss transfer agreement with Kabel, also confirming the commencement of the talks on the same.

Earlier, the European Commission approved the deal this year. In September, the mobile phone company said the 75 percent minimum acceptance condition was met.