Home Ziggo rejects takeover offer from Liberty Global
 

Keywords :   


Ziggo rejects takeover offer from Liberty Global

2013-10-16 14:48:00| Telecompaper Headlines

(Telecompaper) Dutch cable operator Ziggo has rejected a takeover offer from its largest shareholder Liberty Global, which also owns the other main cable network in the Netherlands, UPC. Ziggo said in a statement that it received a preliminary proposal from Liberty Global, but this was deemed "inadequate". The statement follows a report in Germany's Manager Magazin that said Liberty Global was looking to merge Ziggo and UPC along with its Belgian operator Telenet. Liberty Global acquired a 28.5 percent stake in Ziggo earlier this year. Ziggo said there was no certainty that Liberty would come back with a revised proposal.

Tags: offer global liberty rejects

Category:Telecommunications

Latest from this category

All news

»
26.06Atlantic Tropical Weather Outlook
26.06Eastern North Pacific Tropical Weather Outlook
26.06Fox and The Trade Desk extend ad integrations across Fox's portfolio
26.06XREAL bring Play Store apps to 3D space on XREAL AR glasses
26.06Qwilt reveals live streaming survey results
26.06Rockline Industries Wins WOW Innovation Award
26.06IMS Technologies Expands Calcinate Production Site
26.06Horizon expert 'gave evidence based on informal chats'
More »