Liberty Global to buy Vodafone’s VodafoneZiggo stake, transfer Benelux assets
Liberty Global (LBTYA) announced a definitive agreement to acquire Vodafone’s 50% stake in their Dutch joint venture, VodafoneZiggo. Vodafone (VOD) will receive €1 billion in cash and a 10% stake in a new Benelux company called Ziggo Group, which will encompass Liberty Global's interests in VodafoneZiggo and Telenet. Liberty Global plans to list Ziggo Group locally in 2027 and spin off its 90% holding to shareholders, aiming to unlock value and create a regional powerhouse in the Benelux telecommunications market.
https://www.tipranks.com/news/the-fly/liberty-global-to-buy-vodafones-vodafoneziggo-stake-transfer-benelux-assets-thefly-news