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Liberty Global to hold on to VodafoneZiggo stake, IPO seen unlikely in near term

Monday 11 November 2019 | 10:50 CET | News
Liberty Global sees no reason to change the current situation at its Dutch joint venture VodafoneZiggo, according to CEO Mike Fries in an analyst call on the Q3 2019 financial figures. The question arises as the 50-50 shareholders Vodafone and Liberty Global have the right to initiate an IPO of the JV after the third anniversary of closing, which is on 31 December 2019. If the option is exercised, the other shareholder can sell shares in the IPO on a pro rata basis.

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Categories: Fixed
Companies: Liberty Global / Vodafone / VodafoneZiggo
Countries: Netherlands
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