C/F/87. Vodafone Mannesmann Hostile Takeover

The paper is built as a case study about a significant unfriendly merger between British mobile operator Vodafone and German leading telecommunication company Mannesmann. This report contains full range of analysis of the merger including overview of telecom industry on the moment of the event, brief profile of the two companies, analysis of the motives of Vodafone for the takeover and strategies of the companies during the process of the takeover. The attack strategy of Vodafone as its protection from Mannesmann-Orange merger is described in the first part of the paper, the defence strategy of Mannesmann is revealed further. The defence strategy elements such as Poison pill, White knight, mass media debates (including some adverts in the appendix) etc are described. Positions of political environment, German's company labour and law are also touched. Pre- and post merger effects concerning to the structure of the companies, its share prices is also in focus. The paper is written using wide range of literature, well designed, contains bibliography. It can be used as a help for M&A essay writing or information.