German watchdog says Liberty buying Kabel would be complicated

Wed Jun 26, 2013 5:29am EDT
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BONN, Germany (Reuters) - A takeover of Kabel Deutschland KD8Gn.DE by peer Liberty Global (LBTYA.O: Quote) would be more complicated from an anti-trust point of view than an acquisition by Vodafone (VOD.L: Quote), Germany's cartel office said on Wednesday.

Vodafone on Monday agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10.1 billion), beating Liberty Global, which could still return with a higher bid.

Liberty Global owns Germany's second-largest cable operator Unity Media KabelBW. ($1 = 0.7649 euros)

(Reporting by Tom Kaeckenhoff; Writing by Harro ten Wolde; Editing by Christoph Steitz)

A man passes the company logo of German cable television group Kabel Deutschland in Unterfoehring north of Munich June 24, 2013. REUTERS/Michaela Rehle