You are here: Home | Forum | Is Telefonica likely to buy Liberty's shares in VM O2?
You are currently viewing our boards as a guest which gives you limited access to view most of the discussions, articles and other free features. By joining our Virgin Media community you will have full access to all discussions, be able to view and post threads, communicate privately with other members (PM), respond to polls, upload your own images/photos, and access many other special features. Registration is fast, simple and absolutely free so please join our community today.
Is Telefonica likely to buy Liberty's shares in VM O2?
Quote:
The group is eyeing assets in Germany, the UK, Spain and Brazil, Murtra told Reuters as he prepares his first strategic plan for Telefonica after taking the helm in January.
Potential targets for Telefonica could include Vodafone Spain, a joint venture or the acquisition of 1&1 in Germany, assets in Brazil, or even a 50% stake in Virgin Media O2 held by its partner Liberty according to dealmakers familiar with Telefonica's thinking and analyst reports
.
Vodafone Spain and VMO2 declined to comment, while 1&1 said it doesn't comment on market rumours. Telefonica declined to comment on targets.
Re: Is Telefonica likely to buy Liberty's shares in VM O2?
I don't think they can afford to. They're 27billion in debt with a total of 36billion in liabilities. The VM side of VMO2 is also highly leveraged by Liberty Global.
They're selling off assets in Central and South America, to raise funds for potential European acquisitions but I don't think it'll be LG's half of VMO2.
Join CF
You are here: 
Only Telefonica and Liberty Global hold shares in VM O2.
