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General

Liberty Global launches bid for Ziggo, Coopmans to be CEO

Friday 27 June 2014 | 10:02 CET | News
Liberty Global has announced the subscription period for its takeover bid for Dutch cable operator Ziggo, first announced in January. Ziggo shareholders can tender their shares from 02 July to 10 September. Ziggo shareholders will vote on the deal at an extraordinary meeting planned for 26 August. The acquisition still need approval from the European Commission, which has set a deadline of 17 October for its decision. Ziggo's management and supervisory boards have recommended the bid. They said the price was "fair" and the merger of Ziggo with Liberty's unit UPC Netherlands was in the best

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Categories: General
Companies: Liberty Global / UPC Nederland / Ziggo
Countries: Netherlands
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