Germany : GERMAN division of VODAFONE likely to acquire KABEL DEUTSCHLAND [TendersInfo (India)]Al Bawaba Ltd.
German unit of Vodafone is said to be in negotiations for acquiring Kabel Deutschland, the largest cable television operator in the country.
A plan has been put up to vote to CEO Vittorio Colao by Vodafone Germany's Chief Executive Officer (CEO) Jens Schulte-Bockum and Group Strategy Chief Warren Finegold.
No further details were available from Vodafone.
Last week, Vodafone posted a worse than expected drop in group revenue for the last three months of 2012.