Vodafone still short as Kabel deadline looms

Vodafone has secured close to 20% of shares in Kabel Deutschland, leaving it needing another 55% to be tendered on Wednesday for its €7.7 billion ($10.2 billion) offer for Germany's largest cable company to succeed. The U.K. telecoms group wants to make the acquisition in order to offer more television and fixed-line services in Germany, its largest European mobile market.