Vodafone may up stake in Arcor

13 Apr 2006

According to a report in German weekly news magazine WirtschaftWoche, Deutsche Bahn and Deutsche Bank expect Vodafone to make an offer to buy their stakes in fixed line operator Arcor. Deutsche Bahn’s 18.2% stake is valued at ‘at least EUR350 million’. Deutsche Bank has an 8.2% share in the company; if Vodafone is successful in acquiring the stakes, its holding will rise to 100%.

Germany, Vodafone Germany