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Lucerne increases share in Telenet to more than 3%

August 9, 2018 08.39 Europe/London By Robert Briel

Telenet’s activist shareholder Lucerne has increased its share in the B Belgian operator to more then 3%.

Telenet Group Holding has disclosed, in accordance with article 14, first paragraph of the Law of 2 May 2007, that, on 7 August 2018, it received a transparency notification dated 3 August 2018 from Lucerne Capital Management that its shareholding in Telenet exceeded the 3% threshold on 3 August 2018.

Last month, Lucerne threatened to sue the operator over Liberty Global relationship

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Filed Under: Finance, Newsline Tagged With: Belgium, Lucerne, Telenet Edited: 9 August 2018 08:39

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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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