Liberty Global ‘ups Ziggo stake’

Liberty Global has increased its stake in Dutch cable operator Ziggo from 12.65% to 15% according to Dow Jones’ newswires. The increase, revealed in a filing with Dutch stock market regulator AFM today, comes after Warburg Pincus completed its exit from ownership of Dutch cable operator Ziggo last week. The private equity groups sold its […]

Liberty buys 12.7% Ziggo stake

Liberty Global has paid roughly €632.5 million (US$808.3 million) for a 12.65% stake in the Netherlands’ largest cable operator Ziggo. Through the deal, Liberty has acquired 25.3 million Ziggo shares from Barclays Capital Securities for €25 per share, giving it an almost 13% stake based on the shares outstanding as of December 31, 2012. Commenting […]