Wednesday, June 26, 2013

Reuters: Regulatory News: German watchdog says Liberty buying Kabel would be complicated

Reuters: Regulatory News
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German watchdog says Liberty buying Kabel would be complicated
Jun 26th 2013, 09:28

BONN, Germany, June 26 | Wed Jun 26, 2013 5:28am EDT

BONN, Germany, June 26 (Reuters) - A takeover of Kabel Deutschland by peer Liberty Global would be more complicated from an anti-trust point of view than an acquisition by Vodafone, 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.

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