20-07-2023 17:28 via telecoms.com

Liberty Global spends big on Telenet

Liberty Global has taken a sizeable step forward in its quest to take full ownership of Belgium’s Telenet, but its acquisition of the shares it doesn’t already own has come at a cost.
The operator group this week shared details of the outcome of the takeover bid it announced back in March, the headline result being that it now holds 93.23% of Telenet. Previously its stake, including shares held by Telenet itself, stood at just over 62%.
The initial acceptance period of its voluntary
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