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Old 12-08-2020, 09:35   #374
1andrew1
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Re: John Malone/Liberty/VM General News Thread

Quote:
Liberty Global today said it has acquired Swiss telecoms group Sunrise Communications in a deal worth 6.8bn Swiss francs ($7.4bn).

Liberty, which is run by US cable mogul John Malone, said it had agreed to buy Sunrise for 110 Swiss francs a share, representing a 32 per cent premium on the company’s average share price in the 60 days to 11 August...

The deal comes less than a year after Sunrise’s 6.3bn franc attempt to take over Liberty’s Swiss cable business UPC fell through last year.
https://www.cityam.com/liberty-globa...ise-for-7-4bn/
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