LBTYA Liberty Global Ltd

16.64

0.00 (0.00%)

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Last Updated: 12:00:00

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Share Name	Share Symbol	Market	Type
Liberty Global Ltd	NASDAQ:LBTYA	NASDAQ	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	16.64	15.95	17.30				0	12:00:00

Large Sunrise Shareholder Unhappy With Planned Acquisition of UPC -Reuters

28/02/2019 9:33pm

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--Freenet AG, the holder of a nearly 25% stake in Sunrise Communications Group AG, said it wouldn't participate in a right issue designed to raise funds for Sunrise's acquisition of UPC Switzerland from Liberty Global PLC (LBTYA), Reuters reported Thursday.

--Freenet said the proposed issue puts all the risk on existing shareholders, the report said.

--On Wednesday, Liberty Global said it would sell UPC to Sunrise Communications for an enterprise value of CHF 6.3 billion ($6.3 billion), with Sunrise acquiring certain debt items as well.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

February 28, 2019 16:18 ET (21:18 GMT)