Vodafone in 7.7-bn-euro bid for Kabel Deutschland

British mobile phone giant Vodafone said Monday it plans to buy Kabel Deutschland, Germany's biggest cable operator for 7.7 billion euros ($10.1 billion).

The management and supervisory boards of Kabel Deutschland "welcome the transaction, (and) intend to recommend Kabel Deutschland shareholders accept the offer," Vodafone said in a statement.

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