Vodafone confirms Kabel Deutschland approach

Fibre optic cables of Kabel Deutschland, are pictured at the Kabel Deutschland playout center in FrankfurtLONDON (Reuters) – British mobile operator Vodafone said on Wednesday it had made an offer to buy Germany's biggest cable company Kabel Deutschland, confirming a media report overnight. Vodafone has been pursuing a possible 10 billion euro ($ 13.3 billion) bid for the German cable operator since earlier this year, and hired Goldman Sachs to advise on options in February, sources told Reuters at the time. …

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