FRANKFURT, June 24 (Reuters) - British mobile firm Vodafone said on Monday said it had decided to make a takeover offer to buy Germany’s biggest cable company Kabel Deutschland .
The company declared its intention to bid for Kabel Deutschland in a regulatory statement but did not provide any further details. The statement said further details were available on the Vodafone Web site.
On Sunday a sources told Reuters the offer would be 87 euros per share, which includes an offer of 84.50 euros per share plus a 2.50 euro dividend that had been pledged by Kabel but not yet paid. That would give a total of 7.7 billion euros ($10.12 billion).