Liberty Global Has $8 Billion for Acquisitions: Boersen-Zeitung
2014-05-27 07:57:24.202 GMT
By Kenneth Wong
May 27 (Bloomberg) -- $5.6 billion liquidity plus $3
billion cash as of end of March would allow Liberty Global to
make “significant M&A moves” if the right opportunities come
along: CEO Mike Fries tells Boersen-Zeitung
* Liberty would look at smaller German cable provider
Telecolumbus: Boersen-Zeitung
* Unitymedia is “our biggest growth driver in Europe"; ‘‘very
unlikely’’ Liberty would leave the German market
* ‘‘For Vodafone, the acquisition of Kabel Deutschland is a
very meaningful move and it makes sense for them to be
interested in further purchases in the cable industry. That
goes for us too.”
* sees Ziggo buyout completion in 2H: Fries
Link to Company News:{LBTYA US <Equity> CN <GO>}
Link to Company News:{VOD LN <Equity> CN <GO>}
Link to Company News:{2908437Z GR <Equity> CN <GO>}
Link to Company News:{ZIGGO NA <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Kenneth Wong in Berlin at +49-30-70010-6215 or
kwong11@bloomberg.net
To contact the editor responsible for this story:
Kenneth Wong at +49-30-70010-6215 or
kwong11@bloomberg.net
2014-05-27 07:57:24.202 GMT
By Kenneth Wong
May 27 (Bloomberg) -- $5.6 billion liquidity plus $3
billion cash as of end of March would allow Liberty Global to
make “significant M&A moves” if the right opportunities come
along: CEO Mike Fries tells Boersen-Zeitung
* Liberty would look at smaller German cable provider
Telecolumbus: Boersen-Zeitung
* Unitymedia is “our biggest growth driver in Europe"; ‘‘very
unlikely’’ Liberty would leave the German market
* ‘‘For Vodafone, the acquisition of Kabel Deutschland is a
very meaningful move and it makes sense for them to be
interested in further purchases in the cable industry. That
goes for us too.”
* sees Ziggo buyout completion in 2H: Fries
Link to Company News:{LBTYA US <Equity> CN <GO>}
Link to Company News:{VOD LN <Equity> CN <GO>}
Link to Company News:{2908437Z GR <Equity> CN <GO>}
Link to Company News:{ZIGGO NA <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Kenneth Wong in Berlin at +49-30-70010-6215 or
kwong11@bloomberg.net
To contact the editor responsible for this story:
Kenneth Wong at +49-30-70010-6215 or
kwong11@bloomberg.net