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Liberty Global holds 96.5% of Swiss operator Sunrise

October 29, 2020 20.51 Europe/London By Robert Briel

Liberty Global has announced that 43,670,149 Sunrise shares have been tendered, corresponding to 96.48% of the fully diluted share capital of Sunrise.

Closing offer conditions remain ahead, including regulatory approvals. After it settles, Liberty Global intends to start a squeeze-out and get Sunrise’s shares delisted from the Swiss Exchange.

It’s expecting settlement on November 11, after a November 9 extraordinary meeting of Sunrise shareholders.

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Filed Under: Finance, Newsline Tagged With: Liberty Global, Sunrise, Switzerland Edited: 29 October 2020 20:51

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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