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EC gives green light to Liberty Global Ziggo acquisition

Ziggo

Ziggo

Liberty Global has obtained regulatory clearance from the European Commission for its proposed takeover of Dutch peer Ziggo.

Ziggo is the largest cable operator in the Netherlands, providing cable television (digital and analog), broadband, and telephone services.

“We are pleased that the European Commission has approved our pending acquisition of Ziggo, which will benefit consumers and businesses across the Netherlands given our commitment to investment and innovation in the Dutch market,” comments Mike Fries, CEO of Liberty Global, comments. “We are excited to create a national cable champion, and look forward to restarting our share buyback program very soon.”

 

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