Largest hostile takeover bid

According to Official Guinness Records,

British mobile phone company Vodafone AirTouch Plc launched a hostile £85 billion ($137.7 billion) takeover bid for German telecommunications and engineering rival Mannesmann in November 1999. The bid ultimately resulted in a £103.4 billion ($171.1 billion) merger completed after EU Phase 1 clearance on April 12, 2000. The company's name changed to Vodafone Group Plc, as of August 11, 2000.

For a complete list of 1999 records, please visit 1999 Guinness Records in United Kingdom.

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Content last updated on 2018-11-27