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Kabel Deutschland Holding AG signs domination and profit and loss transfer agreement with Vodafone Vierte Verwaltungs AG


Friday, 20 Dec 2013 09:09am EST 

Kabel Deutschland Holding AG:Signs a domination and profit and loss transfer agreement pursuant with Vodafone Vierte Verwaltungs AG (an indirect subsidiary of Vodafone Group Plc) as the controlling entity.Says Vodafone Vierte Verwaltungs AG already owns 76.57 percent of the company's shares.Says the signed agreement requires the approval by the company's extraordinary General Meeting scheduled to take place in Munich on Feb. 13, 2014.Says Vodafone Vierte Verwaltungs AG offers to acquire the shares of the company's minority shareholders for a cash compensation in the amount of 84.53 euros per share.Says the domination and profit and loss transfer agreement also provides for an annual recurring compensation payment in the gross amount of 3.77 euros (3.17 euros net based on the current taxation) per share. 

Company Quote

107.45
-0.2 -0.19%
31 Jul 2014