LONDON-Vodafone AirTouch plc said its offer for Mannesmann AG closed March 27, after valid acceptances representing 98.62 percent of the issued share capital and nearly 500 million shares of Mannesmann had been received.
Vodafone AirTouch said it issued on March 30 a fifth and final tranche of about 1.17 million new Vodafone AirTouch shares to be delivered to accepting Mannesmann shareholders. Following settlement of the final tranche, there will be about 61.3 billion Vodafone AirTouch ordinary shares outstanding.
Approval was received from the listing office of the Frankfurt Stock Exchange for the admission of Vodafone AirTouch shares to the exchange, said the company. Dealings are expected to begin on April 3.
