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General

More Sunrise shareholders question UPC Switzerland deal - report

Monday 2 September 2019 | 10:48 CET | News
One top ten Sunrise shareholder showed scepticism, saying that "the deal has to be significantly restructured" and adding that it would be preferable "if it did not take place at all". The top ten shareholder noted that the purchase price of around CHF 4 billion is appropriate based on valuations for peers like Belgian cable group Telenet, but "UPC is still a restructuring case". 

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