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General

Freenet hardens stance on Sunrise UPC Switzerland deal - report

Tuesday 4 June 2019 | 09:55 CET | News
German operator Freenet, the largest shareholder in Sunrise, is hardening its stance against the acquisition of UPC Switzerland, Derstandard.at reports. It has commissioned the investment bank Citi to explore how to leverage its position in the deal. Representatives of Freenet, Liberty and Sunrise have started talks, that are "not driven by harmony" in this initial phase, said one person familiar with the situation.

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Categories: General
Companies: Freenet / Sunrise / UPC
Countries: Switzerland
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