Monday, January 27, 2014

Liberty Global to Acquire Ziggo, the Dutch Cable Operator

Liberty Global agreed to acquire Ziggo, a Dutch cable operator, for around EUR 10 billion in stock and cash.


Ziggo serves approximately 2.8 million households, with 1.9 million Internet subscribers, almost 2.3 million subscribers for digital television and 1.6 million telephony subscribers.

Liberty Global is an international cable provider with operations in 14 countries and 24 million customers.

The acquisition will give Liberty Global a footprint reaching about 90% of Dutch households.

http://www.libertyglobal.com/pdf/press-release/Joint-announcement-press-release-Ziggo-Final.pdf