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Tag: switzerland
Liberty Global abandons attempt to combine UPC Switzerland with Sunrise
2019-12-17 18:30:19| Digital TV News
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) has announced that it has terminated discussions regarding the combination of UPC Switzerland and Sunrise Communications. The deal was initially announced on February 27, 2019.
Tags: global
attempt
switzerland
combine
Sunrise terminates plan to buy UPC Switzerland
2019-11-13 11:00:09| Digital TV News
Liberty Global has received a notification of termination from Sunrise Communications regarding the amended Share Purchase Agreement concerning UPC Switzerland. The agreement provides for Sunrise to pay a CHF 50 million termination fee.
Tags: buy
plan
switzerland
sunrise
Sunrise says UPC Switzerland takeover deal 'dead'
2019-10-22 15:43:00| Telecompaper Headlines
(Telecompaper) The acquisition of UPC Switzerland by Sunrise is unlikely to go ahead. Liberty Global said in a statement that it supports the decision of Sunrise to cancel the extraordinary general meeting scheduled for 23 October.
Tags: deal
dead
switzerland
sunrise
Liberty Global to take part in capital increase to finance Sunrise takeover of UPC Switzerland
2019-10-14 09:31:00| Telecompaper Headlines
(Telecompaper) Swiss operator Sunrise announced that Liberty Global will invest up to CHF 500 million in a combination of tradable rights and subsequent subscription of newly issued shares in the capital increase to finance the acquisition of UPC Switzerland. This was a demand of some Sunrise shareholders, who found the price of the takeover too high, and called for Liberty Global to share in the risk of merging the two operators.
Tags: part
increase
global
finance
Outcome of EGM capital increase vote for Sunrise takeover of UPC Switzerland still uncertain - report
2019-10-04 09:14:00| Telecompaper Headlines
(Telecompaper) The takeover of UPC Switzerland by Sunrise is still opposed by shareholders who own at least 30 percent of the voting rights, a Reuters survey shows. The investors would vote against the capital increase to provide the financial means to support the transaction worth CHF 6.3 billion.
Tags: report
increase
capital
vote
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