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Vodafone mulls improved offer for Kabel Deutschland - source

Fri, 14th Jun 2013 13:08

FRANKFURT, June 14 (Reuters) - British mobile firm Vodafone is considering raising its offer for Kabel Deutschland after an initial 7.2 billion euro ($9.6 billion) bidwas knocked back by Germany's biggest cable operator, one personclose to the matter said.

'The offer could come as soon as next week," the person saidon Friday.

Vodafone declined to comment.

Vodafone sent a letter to Kabel Deutschland last weekannouncing its interest and indicating a price of 81 euros pershare, three people familiar with the matter have told Reuters.

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