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Stock Market & Financial Investment News

News Breaks
January 14, 2013
17:30 EDTLBTYALiberty Global raises stake in Telenet to 58%
Liberty Global (LBTYA) announces that 9,497,637 ordinary shares and 3,000 warrants were tendered into the voluntary and conditional cash offer launched by its wholly-owned subsidiary Binan Investments B.V. on December 18, 2012 (Brussels time) for the outstanding shares and other securities giving access to voting rights of Telenet Group Holding NV that it did not already own and that were not held by Telenet. The official announcement of the results in the Belgian financial press, in accordance with article 32 of the Belgian Royal Decree of April 27 on public takeover bids, will take place on January 18 (Brussels time). Subject to satisfaction (or waiver) of the conditions to the Offer on that date, this official announcement will also confirm Binan's acceptance of the tendered shares and warrants and whether or not a voluntary reopening of the Offer will be made. Payment on tendered shares and warrants is intended to take place on February 1 (Brussels time). Following acceptance of the tendered shares, Liberty Global will hold 66,342,037 shares1 and 3,000 warrants2 in Telenet. This represents approximately 58.4% of the issued and outstanding shares of Telenet (excluding the 220,352 treasury shares held by Telenet).
News For LBTYA From The Last 14 Days
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July 6, 2015
07:11 EDTLBTYALiberty Global buys TV3 in deal worth up to $96M, Variety reports
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June 24, 2015
06:55 EDTLBTYALiberty Global in talks to acquire TV3, Financial Times reports
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06:12 EDTLBTYALiberty Global to focus on growing in existing European markets, Reuters says
Liberty Global (LBTYA) CEO Michael Fries told Germany's Handelsblatt that the company plans to focus on growing in its existing markets in Europe, Reuters reports, and that markets where the company is not active "do not interest us." Though Fries did not comment on talks with Vodafone (VOD), he said Liberty does not need to buy other companies to grow in the markets where it already operates. Reference Link

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