Home › Liberty Global raises stake in Ziggo to 15%
 

Keywords :   


Liberty Global raises stake in Ziggo to 15%

2013-04-30 12:42:00| Telecompaper Headlines

(Telecompaper) Liberty Global has increased its stake in Dutch cable operator Ziggo to 15.0 percent, according to a filing with the Dutch securities regulator AFM. Liberty Global first acquired a 12.65 percent stake in Ziggo at the end of March, after Ziggo's shareholders placed a large stake on the market and Barclays was unable to find investors for the shares. The shareholders Cinven and Wrburg Pincus sold the week prior to Liberty's latest announcement their remaining shares in Ziggo, in a discounted one-day offering. Liberty Global, which already owns the second-largest cable operator in the Netherlands UPC, said it considers the Ziggo stake a strategic investment.

Tags: to global liberty raises

Category:Telecommunications

Latest from this category

All news
»
29.09Rates low for too long, says ex-Bank of England boss
29.09Weekly Recap: Freudenberg Expands Coated Textiles Business, Trade Associations to Explore Alliance
29.09Tropical Storm Joyce Graphics
29.09Tropical Storm Joyce Forecast Advisory Number 9
29.09Summary for Tropical Storm Joyce (AT1/AL112024)
29.09Hurricane Isaac Graphics
29.09Summary for Hurricane Isaac (AT5/AL102024)
29.09Oasis ticket seller and promoter bosses get 14.8m
More »