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Liberty Global sends Ziggo concessions to Brussels

July 16, 2014 10.16 Europe/London By Robert Briel

Ruffled European flagLiberty Global has submitted concessions to the European Commission to secure approval for its proposed takeover of Dutch cable operator Ziggo.

A spokesman for Liberty Global confirmed the company was having a constructive dialogue with the competition authorities and expressed confidence the transaction will be closed in the second half of the year,

The EC has set a deadline of October 17 for taking a decision on the acquisition.

Late June, Liberty Global issued a public offer for all issued and outstanding ordinary shares of Ziggo not yet owned by the company.

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Filed Under: Newsline, Regulation Tagged With: European Commission, Liberty Global, The Netherlands, UPC, Ziggo Edited: 16 July 2014 10:16

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About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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