| William Fish | ||||||
That Vodafone AirTouch succeeded in it’s takeover of German company Mannesmann is a story in itself. That it was also, at the time, by far the biggest underwritten transaction in Europe also made it remarkable.
No foreign firm had ever managed to gain control of a German company in a hostile bid before, though Vodafone did have on its side the fact that more than 60% of Mannesmann shares were held by UK and US companies.
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