Vodafone to unveil fresh bid for Kabel Deutschland According to reports, the British telecoms giant has increased its all-cash offer to €87 per share after a behind-the-scenes bidding war with US cable giant Liberty Global. The higher offer would value the German company at around €7.7bn (£6.5bn). Kabel's board is reportedly set to recommend the offer to shareholders, and an announcement could come as soon as Monday. Vodafone is understood to have originally told Kabel it would be willing to pay between €80 and €82 a share for the company. However, the offer was deemed inadequate and subsequently John Malone's Liberty Global made an offer said to be valued at €85 per share. Nonetheless, analysts have noted that the British mobile operator remained in a strong position as its offer is in cash. A Vodafone acquisition of Kabel would also stand a better chance of getting past competition regulators since Liberty Global already owns Germany's second-biggest cable operator, Unity Media. A deal would give Vodafone access to Kabel's 8.5m connected households and potential customers for bundled packages of landline, mobile and television in Europe's biggest telecoms market.