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UK, US funds back Liberty bid for Ziggo - report

Wednesday 12 March 2014 | 10:31 CET | News
British and American hedge funds that together hold around 30 percent of Ziggo's shares plan to support the bid for the Dutch cable operator by Liberty Global, sources familiar with the matter told Dutch paper De Telegraaf. Ziggo and Liberty reached an agreement in late January on the deal, which would see Ziggo merged with the number-two cable operator in the Netherlands, UPC. The deal values Ziggo at EUR 10 billion.  

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Categories: Fixed
Companies: UPC / Ziggo
Countries: Netherlands
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