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Liberty Global to acquire Ziggo for EUR 10 bln
2014-01-27 09:02:00| Telecompaper Headlines
(Telecompaper) Liberty Global has agreed to buy Dutch cable operator Ziggo for EUR 10 billion in cash and shares. The merger of Ziggo with Liberty's Dutch subsidiary UPC will create the Netherlands' largest cable operator, with a network passing over 90 percent of homes in the Netherlands. Liberty acquired a nearly 30 percent stake in Ziggo last year, and the two confirmed in December talks on a takeover. The offer values Ziggo at EUR 34.53 per share, a premium of 22 percent compared to its price in mid-October when talks first emerged of a possible deal with Liberty. Liberty is offering EUR 11.0 cash, 0.2282 Liberty Global Class A ordinary shares and 0.5630 Liberty Global Class C ordinary shares for each Ziggo share. Liberty also announced plans for a dividend of one Class C share for every other share held by its existing shareholders, to be paid in early March.
Tags: eur
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Liberty Global to acquire Ziggo for 10bn
2014-01-27 01:00:00| Total Telecom industry news
Deal creates Dutch cableco with 10m connections, nationwide reach.
Tags: global
acquire
liberty
ziggo
Ziggo talks with Liberty progress as a new CEO takes over
2014-01-24 01:00:00| Total Telecom industry news
Dutch cableco reports higher revenue as Internet subscriber growth offsets TV decline.
Liberty Global considers VTR spin-off
2014-01-13 15:21:00| Telecompaper Headlines
(Telecompaper) Liberty Global is considering a spin-off of its Latin American activities. Its main assets there are 80 percent in the Chile cable and mobile operator VTR and 60 percent of a cable network in Puerto Rico. The company made the announcement in the prospectus of a bond offering by VTR. The group is spinning off VTR's financing operations into a new company, separate from its main European holding company, UPC. As part of this, VTR will issue USD 1.4 billion in notes due 2022 and 2024 in order to pay off UPC credit facilities. Liberty Global said the spin-off of the Latin American operations could take the form of issuing shares in the new company to existing Liberty shareholders. However, the proposal is still at an early stage and no final decision has been taken yet.
Tags: global
liberty
considers
vtr
Liberty Electronics Introduces Powerline Network Starter Kit
2014-01-10 06:00:00| Industrial Newsroom - All News for Today
Easily create a home network using the existing electrical outlets in your home with the Powerline Network Starter Kit. The Kit simply plugs into any outlet in the home and instantly begins delivering a high-speed Internet connection to other devices in your home including: Internet-capable TVs, Blu-ray players, computers, set-top boxes and gaming systems. The Kit is compatible with both the DA2301-V1 and DA2304-V1 powerline adapters. This story is related to the following:Computer Hardware and PeripheralsSearch for suppliers of: Network Devices
Tags: network
electronics
kit
liberty
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