Shares in Kabel Deutschland rise 2.4 percent in early trade, makingthem the biggest gainers on Germany's MDAX index, following a mediareport that Vodafone is looking at a possible takeover of Germany'sbiggest cable operator again.
"If this comes to fruition we believe the potential synergies would besignificant, potentially worth several billion euros," Espirito Santo analystswrite in a note, affirming their "buy" rating on Kabel Deutschland's stock.
The Wall Street Journal Deutschland cites several people familiar with thematter as saying Vodafone has not yet decided whether to make an offer, or whenit might make a decision.
Reuters messaging rm://maria.sheahan.thomsonreuters.com@reuters.net
Vodafone (VOD)