Sunrise has officially confirmed that it is in discussions with Liberty Global regarding a possible acquisition of UPC Switzerland. Sunrise said it will only pursue a transaction that is strategically compelling and demonstrably value-creative for its shareholders. In the event of a transaction, Sunrise said it is committed to a prudent capital structure and will retain its existing progressive shareholder distribution policy.
There is no certainty that any transaction will be agreed, nor as to the terms or timing of any transaction. A further announcement will be made if and when appropriate, it said.
