An infrastructure fund of the US investment bank Morgan Stanley wants to acquire the majority stake in Germany’s second largest cable operator Tele Columbus.
Liberty Global remains committed to selling its Swiss cable subsidiary UPC to local telco Sunrise under the agreed terms.
The plan by US financial investor KKR to acquire a strategic investment in German media company Axel Springer has made an important step forward.
Vodafone has offered concessions to gain approval from the European Commission for its planned takeover of Liberty Global’s German cable operator Unitymedia.
Swiss telecommunications company Sunrise has agreed to acquire cable operator UPC Switzerland, a wholly-owned subsidiary of Liberty Global, for an enterprise value of CHF6.3 billion (€5.5 billion).
The possible acquisition of Liberty Global’s Swiss cable operator UPC Schweiz by Swiss telecommunications company Sunrise Communications Group is further taking shape.
German cable operator association FRK welcomes the decision by the European Commission (EC) to launch an in-depth investigation into Vodafone’s proposed acquisition of Liberty Global’s German subsidiary Unitymedia.
Tele Columbus, the third-largest German cable operator, rejects the planned acquisition of Unitymedia by Vodafone.
The Federal German Cartel Office intends to examine the takeover of German cable network operator Unitymedia by telecommunications group Vodafone itself and has requested the European Commission to refer the case to the German authority.
Germany’s third-largest cable operator Tele Columbus remains interested in acquisitions, mainly of small, but no longer big companies, CEO Ronny Verhelst said at the presentation of the company’s new 4K home platform AdvanceTV in Berlin.