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Vodafone’s German Deal in Balance in Hedge-Fund Catch-22

Vodafone Group Plc (VOD)’s 7.7 billion-euro ($10.2 billion) takeover of Kabel Deutschland Holding AG (KD8) is under threat amid speculation that a hedge fund that boosted its stake in the target did so to squeeze extra cash from the deal.

Vodafone Group Plc Chief Executive Officer Vittorio Colao talks about the company’s exit from the U.S. wireless market and its overall business outlook. Verizon Communications Inc. agreed to buy Vodafone’s 45 percent stake in their U.S. mobile venture for $130 billion. Colao spoke with Bloomberg Television’s Manus Cranny in London yesterday.

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