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Old 02-05-2020, 09:39   #6
Pierre
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Re: Liberty Global in talks to merge Virgin Media with O2

Was originally bandied about 3 years ago and discussed on here.

https://www.cableforum.uk/board/show...&postcount=137

Makes more sense than Vodafone.

VM still has a large amount of debt........and cash. Vodafone spent a large wedge buying LG Germany and other operations.

So I see a Vodafone deal about as likely as it’s always been.

Since LG has been sitting on the pile of cash it got from Vodafone it’s been trying figure out what to do with it.

So this deal could have legs.

---------- Post added at 09:39 ---------- Previous post was at 09:36 ----------

Quote:
Originally Posted by 1andrew1 View Post
Vodafone might be tempted by VM now that an external value has been placed on VM.
I missed that bit, what figure was placed on VM?
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