SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vodafone-Airtouch (NYSE: VOD)
VOD 12.54-0.2%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maven who wrote (2454)2/1/2000 2:42:00 PM
From: MrGreenJeans  Read Replies (1) of 3175
 
POLL-Vodafone tipped to win Mannesmann
LONDON, Feb 1 (Reuters) - Vodafone AirTouch Plc has an average 66 percent chance of winning its record hostile bid for Germany's Mannesmann AG with the bid currently on the table, according to a poll of European fund managers and analysts conducted by Reuters on Tuesday.

But with six days to go before the bid closes, speculation is also mounting that sweetened terms could be offered in return for a recommendation of the 162 billion euro ($158.2 billion) bid by Mannesmann's management.

Fund managers and analysts believe there is a 52 percent average perceived chance of Vodafone improving the terms of its offer and securing an agreed deal.

Participants were asked two questions:

-- What are the chances (expressed as a percentage) of Vodafone winning its bid for Mannesmann on the current terms?

-- What chance is there (expressed as a percentage) of improved terms and an agreed takeover?

PARTICIPANT VODAFONE WINNING ON CURRENT TERMS?
UK fund 75 pct
UK fund 75 pct
UK fund 60-65 pct
UK fund 40 pct
European fund (one pct holder) 80-90 pct
European fund 50 pct
Dresdner Bank Investment Management 50 pct
UK analyst 80 pct
UK analyst 50-80 pct
UK analyst 60 pct
UK analyst 90 pct
UK analyst 75 pct
UK analyst 70 pct
German analyst 50 pct
German analyst 60 pct
Average 66 pct (65.8)
PARTICIPANT IMPROVED TERMS/AGREED TAKEOVER?
UK fund 85 pct
UK fund 75 pct
UK fund 75-85 pct
UK fund 60-65 pct
European fund (one pct holder) 25 pct
European fund 0 pct
Dresdner Bank Investment Management 50 pct
UK analyst 55 pct
UK analyst 50 pct
UK analyst 55 pct
UK analyst 60 pct
UK analyst 40-50 pct
UK analyst 70 pct
German analyst 50 pct
German analyst 20 pct
Average 52 pct (52.2)

($1 equals 1.024 Euro)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext