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General

Telenet minority shareholder questions strategy, calls for buy-out by Liberty Global

Friday 11 May 2018 | 11:13 CET | News
An investor in Belgian operator Telenet has questioned the company's strategy and called for a buy-out of minority shareholders, according to a letter seen by Reuters. Lucerne Capital Management said in a letter that it strongly questioned the Belgian group's capital allocation strategy and ability to pay attractive shareholder returns. Telenet is majority owned by Liberty Global, with a 56.4 percent stake.

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Categories: General
Companies: Liberty Global / Telenet / Voo
Countries: Belgium
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