Liberty Global in takeover talks with Ziggo

According to reports in Reuters, Liberty Global is in takeover talks with Dutch operator Ziggo (which Liberty Global already owns 28.5% of), seeking to consolidate a European cable market it has invested in heavily over the last ten years.

The deal is expected to cost as much as 5 billion euros.

Ziggo, who rejected a bid in October as too low, said no decision has yet been made. Liberty declined to comment on Thursday.


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