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UPC owner increases Ziggo stake to 28.5%

Saturday 27 July 2013 | 13:46 CET | News
Owner of Dutch cable operator UPC Netherlands, Liberty Global has increased its stake in Dutch cable network operator Ziggo from 18.2 percent to 28.5 percent, according to a filing at the SEC. Ziggo's Supervisory Board and the Board of Management have noted the increase and in a statement said that they will continue to act in the best interests of stakeholders in assessing steps made by Liberty Global while continuing to focus on executing Ziggo's strategy. The stake increase consists of 17.5 million Ziggo shares, the acquisition of which was financed entirely through a loan linked to the

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