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Business
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Number of pages / Number of words: |
8 / 2093 |
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The 8% drop in Mannesmannâs market value after the acquisition was announced also suggests that Mannesmann overpaid. However, rumours of Vodafoneâs intention to acquire Mannesmann had raised Mannesmannâs stock price. Once Mannesmann acquired Orange, the chance of the Vodafone-Mannesmann merger was reduced and the drop in price could in part be reflecting this as well...
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Once Mannesmann acquired Orange, the chance of the Vodafone-Mannesmann merger was reduced and the drop in price could in part be reflecting this as well.
To acquire Mannesmann, Vodafoneâs offered a pure stock swap in which it would trade a fixed 53.7 shares for each Mannesmann share (27.8 billion shares total)...
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