June 26, 2013 / 8:50 AM / 4 years ago

German watchdog says Liberty buying Kabel would be complicated

BONN, Germany (Reuters) - A takeover of Kabel Deutschland KD8Gn.DE by peer Liberty Global (LBTYA.O) would be more complicated from an anti-trust point of view than an acquisition by Vodafone (VOD.L), Germany’s cartel office said on Wednesday.

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

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

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below