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LBTYA Liberty Global Ltd

17.06
0.29 (1.73%)
15 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
  0.29 1.73% 17.06 17.11 17.15 17.06 16.835 16.99 863,018 00:10:13

Sunrise Communications Puts CHF6.3 Billion Price Tag on UPC Swiss GmbH Deal

26/02/2019 11:55pm

Dow Jones News


Liberty Global (NASDAQ:LBTYA)
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   By Stephen Nakrosis 
 

Swiss telecommunications company Sunrise Communications Group AG (SRCG.EB) said Tuesday a possible deal for Liberty Global PLC's (LBTYA) wholly owned subsidiary, UPC Schweiz GmbH, would have an enterprise value of 6.3 billion Swiss francs ($6.3 billion).

Earlier this month, Sunrise confirmed it was in advanced talks with Liberty Global over a possible acquisition of UPC Schweiz.

UPC is a Swiss cable operator, Sunrise said.

Sunrise added it "will only pursue a transaction if it is strategically compelling and demonstrably value creative" for shareholders.

No final decision has been made on a deal, Sunrise said.

 

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

 

(END) Dow Jones Newswires

February 26, 2019 18:40 ET (23:40 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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