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Liberty says still interested in Ziggo bid in long term

Friday 22 November 2013 | 10:53 CET | News
Liberty Global is still studying a combination with Ziggo to expand in the Netherlands, after the Dutch cable operator said last month it rejected a takeover offer from the UPC owner. "We clearly are looking long term about the possibility of a combination," Liberty Global CFO Charles Bracken said at an investor conference in Barcelona reported by Bloomberg. "There are clearly synergies, however Liberty is very disciplined about prices." Bracken said that for now, Liberty Global is happy to maintain its stake of about 29 percent of Ziggo. The company may also look at buying out the minority

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Categories: Fixed
Companies: Liberty Global / Telenet / UPC / Ziggo
Countries: Belgium / Netherlands
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