Vodafone is a cellular giant operating in various countries. Vodafone bid for Mannesmann was the largest cross-border hostile take over attempt. When Mannesmann announced their intention to buy Orange, Vodafone attempted to acquire Mannesmann itself, but this attempt was rejected by the management. Vodafone then though of acquiring Mannesmann through hostile takeover.
This case examines the economic, financial and corporate governance issues in the transaction.
by Simi Kedia Source: HBS Premier Case Collection 20 pages. Publication Date: April 18, 2001. Prod. # 201 096-PDF-ENG