Last checked at 
(Adds detail on minority shareholders, context)
Dec 22 (Reuters) - Vodafone Group on Tuesday offered
over 2 billion euros to buy out minority shareholders in Kabel
Deutschland Holding, in a deal aimed at ending a
long-running legal battle with hedge fund Elliott and others
over the cable company.
The British firm, which bought a nearly 77% stake in the
German cable company in 2013 for 7.7 billion euros, said it
would offer all minority shareholders of KDG 103 euros in cash
for each outstanding share.
Vodafone said shareholders representing 17% of shares had
accepted the offer, which valued all remaining minority holdings
in Germany's largest cable company at up to 2.12 billion euros
($2.59 billion)
Elliott, D.E. Shaw and UBS O'Connor LLC had all accepted the
offer and agreed not to take further legal action against
Vodafone, the statement added.
KDG minority shareholders had previously appealed a 2019
decision by a Munich district court that ruled that Vodafone's
compensation for the 2013 takeover was "adequate".
"As a result of the agreement to tender their shares in KDG
to Vodafone, the accepting shareholders will withdraw their
appeal from the court of appeal in Munich," Vodafone said.
($1 = 0.8183 euros)
(Reporting by Yadarisa Shabong in Bengaluru; editing by Patrick
Graham)
