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LBTYB Liberty Global Ltd

17.77
-0.1032 (-0.58%)
Last Updated: 15:05:23
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
  -0.1032 -0.58% 17.77 17.25 17.81 17.77 17.77 17.77 5 15:05:23

Virgin Media O2 in Talks to Sell Shares in Towers Unit to GLIL, Reuters Reports

30/10/2023 2:23pm

Dow Jones News


Liberty Global (NASDAQ:LBTYB)
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From May 2023 to May 2024

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--Virgin Media O2 is in talks to sell part of its stake in telecommunication-tower business Cornerstone to investment firm GLIL in a deal that could value the whole business at 2.5 billion pounds ($3.03 billion), Reuters reports, citing unnamed sources.

--Virgin Media O2, jointly owned by Telefonica and Liberty Global, could sell a stake of less than 25% in Cornerstone, according to Reuters.

--Virgin Media O2 and GLIL declined to comment when contacted by Dow Jones Newswires.

 

Full story: https://shorturl.at/cdoyV

 

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

 

(END) Dow Jones Newswires

October 30, 2023 10:08 ET (14:08 GMT)

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

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