Liberty Global-Ziggo acquisition offer completed

6 Nov 2014

The tender offer for the acquisition of the Netherlands’ largest multi-service cable provider Ziggo by second-placed cableco UPC Netherlands’ parent company Liberty Global was completed yesterday (4 November 2014). Following approval from the European Commission (EC) in mid-October 2014, the acceptance period for the European cableco’s offer is now over, with Ziggo shareholders who accepted said offer due to receive EUR11 (USD13.8) each in cash. Changes in ZIggo management are to be signed off on 11 November, when Liberty Global will raise its shares from 87.9% to 100%.

Netherlands, Liberty Global (incl. LGI), VodafoneZiggo