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Broadband

Liberty, Ziggo may agree takeover by mid-January - report

Monday 6 January 2014 | 15:01 CET | News
Liberty Global is putting the final touches on an acquisition of Dutch cable operator Ziggo, and the two companies could announce an agreement as early as mid-January, people with knowledge of the matter told Bloomberg. Liberty Global and Ziggo aim to announce a friendly deal and are hammering out a final acquisition price and other terms, the report said. At its current share price, Ziggo is valued at around EUR 6.7 billion. Liberty Global already owns almost 30 percent of Ziggo, and Ziggo confirmed in December that it was discussing a full takeover with Liberty, the owner of the other major

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