24.06.2013
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DGAP-Adhoc: Kabel Deutschland Holding AG: Receipt of announcement of tender offer
Kabel Deutschland Holding AG / Key word(s): Mergers & Acquisitions
24.06.2013 08:12
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Vodafone Vierte Verwaltungsgesellschaft mbH, a subsidiary of Vodafone Group
Plc, today announced its intention to acquire Kabel Deutschland Holding AG.
The planned transaction values Kabel Deutschland at EUR87 per share,
valuing the company's equity at approximately EUR7.7 billion. The
transaction is to be implemented in a voluntary public tender offer of
EUR84.50 per share in cash plus payment of the dividend planned by Kabel
Deutschland for the financial year 2012/13 in the amount of EUR2.50 per
share. The Management Board and Supervisory Board of Kabel Deutschland
Holding AG welcome this announcement.
Vodafone and Kabel Deutschland have signed a Business Combination Agreement
in which certain intentions are set down.
Moreover, Kabel Deutschland released its financials for Q4 and fiscal year
2012/13 today instead of June 27, 2013 as projected earlier.
24.06.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Kabel Deutschland Holding AG
Betastraße 6-8
85774 Unterföhring
Germany
Phone: +49 (0)89 960 100
Fax: +49 (0)89 960 10 888
E-mail: [email protected]
Internet: www.kabeldeutschland.com
ISIN: DE000KD88880
WKN: KD8888
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service
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