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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Loews Corporation | NYSE:L | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.04% | 76.50 | 76.54 | 75.44 | 76.38 | 588,722 | 00:30:08 |
From May 2019 to May 2024
Chief Executive Mike Fries confirmed Wednesday that Liberty Global PLC is looking to spin off its Latin American operations.
"Ninety-five percent of our business is in Europe," he said on CNBC in an interview from Davos, and "that's where we want to stay focused."
"In Latin America there's 25% broadband penetration. So there's tremendous opportunity to consolidate that market, but it seems better for us to possibly do that off balance sheet and not dilute the story that we've built here," he said.
Full story at www.cnbc.com
Write to nymonitoring@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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