Liberty Global Buys Stake In Dutch Cable Operator
Englewood, Colorado-based Liberty Global said Thursday that it has acquired 12.5 percent of a cable operator in the Netherlands, Ziggo N.V.. Liberty Global paid approximately $812.26M US for the stake. Liberty Global said it expects the deal will provide it with around $475.15M in dividends during 2013. Because of the relatively small size of the stake, Liberty Global said it would not require any regulatory approvals on the deal.
posted on Thursday, March 28, 2013
Related companies:
Liberty Associated Partners
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