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LBTYA Liberty Global Ltd

16.71
-0.05 (-0.30%)
11 May 2024 - Closed
Delayed by 15 minutes
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
  -0.05 -0.30% 16.71 16.46 17.03 16.94 16.66 16.76 757,215 01:00:00

Liberty Global, Telefonica Venture to Sell Stake for About GBP360 Million

31/10/2023 6:38pm

Dow Jones News


Liberty Global (NASDAQ:LBTYA)
Historical Stock Chart


From May 2023 to May 2024

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By Mauro Orru

 

A joint venture between Liberty Global and Spain's Telefonica reached an agreement to sell a minority stake in its mobile tower joint venture to U.K.-based infrastructure fund GLIL Infrastructure LLP.

The Spanish telecommunication company said Tuesday that the agreement is for the VMED O2 UK Limited joint venture to sell a 16.67% stake in Cornerstone Telecommunications Infrastructure Limited, the mobile tower joint venture.

VMED O2 UK Limited, or VMO2, will receive approximately 360 million pounds ($438.1 million) payable in cash at closing of the transaction, which is expected in the coming weeks.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

October 31, 2023 14:23 ET (18:23 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year Liberty Global Chart

1 Year Liberty Global Chart

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1 Month Liberty Global Chart