British telecommunications company Vodafone completed a 183 billion dollar hostile takeover of Germany's Mannesmann in February 2000 after a bruising months-long bidding battle, remaining the largest corporate merger in history for over two decades. The deal was a landmark moment for cross-border hostile takeovers in continental Europe, where such tactics had previously been rare, and it also became notorious for a later German bribery trial over payments made to Mannesmann executives during the takeover.
Facts
Cross-Tradition Connections
Associated With
The Vodafone 2000 hostile takeover of Mannesmann, the largest corporate acquisition in history at the time, is a finance-practice case study in hostile-bid financing and valuation.
Vodafone was the acquirer in this 2000 hostile takeover of Mannesmann AG, at the time the largest corporate merger in history.
Sources
Reader Challenges (0 open reader challenges)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.
View At A Past Year
The atlas records no dated fact of its own for this entry, so there is no other year to choose.