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LBTYB Liberty Global Ltd

16.29
0.00 (0.00%)
Pre Market
Last Updated: 09:16:43
Delayed by 15 minutes
Share Name Share Symbol Market Type
Liberty Global Ltd NASDAQ:LBTYB 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% 16.29 15.00 26.71 0 09:16:43

EU Launches Probe Into Vodafone-Liberty Global Deal

22/10/2018 3:28pm

Dow Jones News


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By Adria Calatayud

 

EU regulators have opened an investigation into possible competition issues raised by Vodafone Group PLC's (VOD.LN) acquisition of Liberty Global PLC's (LBTYA) assets.

The European Commission--the EU's executive arm--received a notification on Oct. 19, according to a regulatory filing published Monday. The provisional deadline for the EC decision on the case is Nov. 27, according to the filing.

Reuters earlier on Monday reported that Telefonica Deutschland AG (O2D.XE) had called on EU regulators to block the deal.

Vodafone agreed to buy operations in Germany, Hungary, Romania and the Czech Republic from John Malone's Liberty Global in May. The deal was valued at 19 billion euros ($22.5 billion at the time).

Vodafone shares at 1347 GMT were down 0.8% at 151.26 pence.

 

Write to Adria Calatayud at adria.calatayudvaello@dowjones.com

 

(END) Dow Jones Newswires

October 22, 2018 10:13 ET (14:13 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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