CreativeWorks Systems, Inc.

DigitalOlympus.com Comments on Vodafone’s Due Diligence on Kabel Deutschland as Reported on the Wall Street Journal

Press Release   •   Jun 21, 2013 14:52 EDT

On June 21, popular news and technology blog DigitalOlympus.com commented on a recent Wall Street Journal article by Lilly Vitorovich regarding multinational Telecom Company Vodafone Group’s decision to perform further due diligence investigations on Kabel Deutschland, Germany’s largest cable operator.


In response to the Wall Street Journal news article, Digital Olympus’ team of researchers considered Vodafone’s plan to increase its formal bid –in order to gain access to Kabel Deutschland's books– as an important example of the crucial role of due diligence in optimum business decision making.


According to the Wall Street Journal article, Vodafone approached Kabel Deutschland about a possible multi billion-dollar takeover that would propel the U.K. Company in Germany. The article further stated that “Vodafone is now considering whether to increase its offer in order to gain access to Kabel Deutschland's accounts to perform due diligence.”


Josh Cole, a lead researcher at Digital Olympus, said: “The due diligence process planned by Vodafone Group exemplifies how business intelligence and due diligence practices have a huge impact in decision making. That’s why we urge our readers to employ specialists who can carry out these investigations with utmost precision.”


Cole also spoke of the possible effects this potential acquisition could have for Vodafone’s future not only in Germany, but in Europe. The DigitalOlympus.com lead researcher thinks this acquisition will boost the prospect for the mobile communications company to successfully overcome Europe’s recent sluggish economic growth.  


“It’s important to take into consideration that Liberty Global also made a preliminary offer for Kabel Deutschland that rivals Vodafone’s bid of 80 to 82 euros per share,” said Josh Cole. “Conducting a thorough due diligence investigation on Kabel Deutschland’s accounts is the best course of action for Britain's Vodafone Group.”  


The Wall Street Journal news article on Vodafone Group’s due diligence on Kabel Deutschland concluded by stating that if Vodafone desired to proceed with an offer, the British company would need (according to German takeover law) to put a value on Kabel Deutschland of at least €6.39 billion.


DigitalOlympus.com, a news and technology blog committed to promoting the adoption of due diligence practices that can help business leaders gain better insight into their decision making process, recommends its readers to employ third party professionals that can carry out a thorough background investigation before venturing into investing.



About DigitalOlympus.com

Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.