LONDON-Vodafone AirTouch plc said it received valid acceptance of the company’s offer for Mannesmann AG at the close of business March 3, with a total of more than 469.5 million Mannesmann shares, representing approximately 92.6 percent of the issued share capital of Mannesmann.
Vodafone said it would issue a third tranche March 6 of nearly 1.3 billion new Vodafone AirTouch shares, to be delivered to accepting Mannesmann shareholders whose acceptances were booked into Clearstream Banking by the close of business on March 3.
Vodafone AirTouch expects to make the final two tranches of new company shares on March 17 and March 30 of this year.
