Liberty global vodafone asset swap pdf

Sep 28, 2015 vodafone and liberty global have overlapping businesses in seven countries but it would only have been in the uk, germany and the netherlands that asset swaps may have been a game changer. The vodafone logo is seen on a sign outside the vodafone group regional offices in berlin. Vodafone and liberty global end assetswap talks this article is more than 4 years old the uk and us companies had been in talks over a possible swap of. Vodafone confirms liberty global talks mobile world live. Vodafone confirm talks over possible liberty global eu asset swap saturday, february 3rd, 2018 7. Vodafone said it was considering an exchange of selected assets with liberty global, putting an end to speculation that a merger between the two companies was on the cards. Jun 05, 2015 vodafone said it was considering an exchange of selected assets with liberty global, putting an end to speculation that a merger between the two companies was on the cards. Vodafone agrees 18bn deal for liberty global assets. Vodafone agrees 18bn deal for liberty global assets financier. May 09, 2018 liberty global confirmed perhaps the worst kept secret in international cable, agreeing to sell its cable businesses in germany, the czech republic, hungary and romania to wireless giant vodafone. Appearing in an opening congress panel discussion, manuel cubrero, ceo, kabel deutschlanddirector, consumer fixed and cable, vodafone deutschland and mike fries, president and ceo of liberty global were, not surprisingly, unwilling to offer substantive comment on the likely outcome of discussions between the companies over an exchange of assets. An industry banker said he believed vodafone s primary interest was in acquiring liberty s uk arm virgin media, while the main attraction for liberty was vodafone s german business.

Feb 05, 2018 liberty global plc is in talks to possibly sell some of its european operations to british wireless company vodafone. Vodafone house, the connection, newbury, berkshire. Liberty sells to vodafone in germany and three cee markets. Jun 05, 2015 vodafone, the worlds second biggest mobile company, said it is in early talks about exchanging selected assets with europes largest cable operator liberty global, which could enable each to.

Sep 28, 2015 when vodafone confirmed it was talking to liberty global, owner of virgin media, about a possible exchange of selected assets, it suggested that the operator was looking to bulk up ahead of bts. Vodafone buys chunk of libertys european assets for 18. It was formed in 2005 by the merger of the international arm of liberty media in turn a spinoff of tci, an american cabletelevision group and ugc unitedglobalcom. Vodafone has restarted talks with liberty global about a possible exchange of assets. Jun 05, 2015 vodafone has confirmed it is in the early stages of talks about swapping assets with the us company liberty global, which is europes largest cable provider, but the british mobile operator said.

Liberty global owns a number of cable companies across europe. After months of negotiations, vodafone announced that it is to acquire liberty globals cable tv. Sep 28, 2015 vodafone and liberty global end asset swap talks this article is more than 4 years old the uk and us companies had been in talks over a possible swap of some assets with some saying a merger was. They have overlapping interests in seven markets, including. On wednesday, britishbased vodafone struck a deal to buy. Vodafone nears deal for liberty global cable networks. Vodafone, the worlds second biggest mobile company, said it is in early talks about exchanging selected assets with europes largest cable operator liberty.

Liberty global plc q4 2018 investor call presentation. Londonvodafone group plc said friday it is in talks with liberty global plc over an exchange of selected assets, throwing the two european powerhouses back into the center of a recent. Lbtya, lbtyb, lbtyk, lila and lilak and vodafone group plc lse. Combination of cwc and libertys lilac group creates the leading tv, broadband and telecoms firm in latin america and the caribbean serves 10 million. Vodafone confirm talks over possible liberty global eu asset. At a stroke it would make vodafone a powerful convergent player in germany, britain and the netherlands, selling tv, broadband, landline and mobile. The number of outstanding ordinary shares of liberty global plc as of january. Vodafone in talks to acquire liberty global assets light. May 03, 2018 vodafone is nearing a transformational deal to buy continental european assets from cable giant liberty global and could announce an agreement next week, three sources familiar with the matter. Vodafone has confirmed it is in the early stages of talks about swapping assets with the us company liberty global, which is europes largest cable provider, but. Vodafone in talks with liberty global on asset swap, not. Vodafone is not in discussion with liberty global regarding a combination of both companies.

The future of the vodafones presence in its home market has been thrown into doubt after the british business confirmed it was in talks to exchange assets with cable company liberty global which. However, vodafone and liberty global aim to complete the deal by the middle of 2019. Liberty global is the largest broadband internet service provider outside the us. Vodafones cable business in germany, kabel deutschland, may be the focus of an asset swap, while vodafone may view liberty globals u. Acquisition of liberty globals operations in germany, the czech. As at december 31, 2015, ziggo including sport1 had gross assets of 20. Vodafone closes in on gamechanging liberty global deal reuters. Vodafone could agree a deal to take control of liberty globals cable networks in germany and eastern europe for 16. Feb 03, 2018 vodafone confirm talks over possible liberty global eu asset swap saturday, february 3rd, 2018 7. Following new press speculation, vodafone issued a statement, saying it is in early stage discussions with. The lilac group consisted of our businesses, assets and liabilities in latin america.

Liberty global and vodafone have finalized their longexpected deal for a range of cable operations in europe. Liberty global considers sale of swiss, austrian units and vodafone, liberty call off assetswap talks. Vodafone restarts talks on acquiring liberty global assets in. Talks over the possibility of a mega merger or partial asset swap were first confirmed in june 2015, although such. Liberty global and vodafone to merge dutch operations final. Liberty global clears decks for possible vodafone merger.

Discussions of takeovers and mergers have played on investor nerves since then due to the potential impact on vodafones balance sheet. Vodafone and liberty global set the consolidation ball rolling. Vodafone will pay 1bn in cash to liberty global to reflect different valuations of their dutch units. Vodafone and liberty global end assetswap talks business. Vodafone and liberty global held talks about an asset swap in 2015 that were meant to preempt a full merger of the two businesses, but the negotiations failed. May 09, 2018 vodafone group plc is shaking up europes fragmented media and telecom market with an 18. Liberty global is a multinational telecommunications company with headquarters in london, amsterdam and denver. It is true that officials in germany, where vodafone already owns kabel deutschland, have nixed some deals. Liberty global and vodafone to merge their dutch operations key.

Liberty global and vodafone reportedly close to finalising. A breakup fee of 250 million, payable by vodafone, has been. Vodafone and liberty global in asset swap talks business. Liberty global confirmed perhaps the worst kept secret in international cable, agreeing to sell its cable businesses in germany, the czech republic, hungary and romania to.

The q2 results were primarily driven by the impact of i negative foreign exchange fx. Vodafone and liberty global to talk asset swaps the times. A breakup fee of 250 million, payable by vodafone, has been agreed should the purchase fail. Vodafone confirms liberty global talks multichannel. Jun 09, 2015 appearing in an opening congress panel discussion, manuel cubrero, ceo, kabel deutschlanddirector, consumer fixed and cable, vodafone deutschland and mike fries, president and ceo of liberty global were, not surprisingly, unwilling to offer substantive comment on the likely outcome of discussions between the companies over an exchange of assets. Vodafone and liberty global merge dutch units to take on kpn. Vodafone has walked away from negotiations with us cable conglomerate and owner of virgin media liberty global, over a possible asset swap agreement in the uk. Vodafone vod and liberty global have been intertwined since 2015 when the two groups first touted the idea of an asset swap. Vodafone in asset exchange talks with liberty global wsj. Liberty global eyes selling european assets to vodafone.

On december 31, 2016, our company and vodafone contributed our. Feb 02, 2018 vodafone group plc and liberty global plc are looking to redraw their european spheres of interest, with the u. Unitymedia a highly complementary, attractive asset. Vodafone group plc and liberty global plc are looking to redraw their european spheres of interest, with the u. Vodafone and liberty global walk away from asset swap talks. Vodafone is nearing a transformational deal to buy continental european assets from cable giant liberty global and could announce an agreement. Vodafone wont rule out adding uk to liberty global asset swap. Vodafone in talks with liberty global about asset swap variety. When vodafone confirmed it was talking to liberty global, owner of virgin media, about a possible exchange of selected assets, it suggested that the operator was looking to. Vodafone in talks to buy liberty global continental assets. Vod today announced that liberty global europe holding b. Talks between liberty global and vodafone over the transfer of assets in germany and central europe to the latter are in the final stages and a deal could be agreed in. Apr 23, 2018 vodafone could agree a deal to take control of liberty globals cable networks in germany and eastern europe for 16. May 09, 2018 however, vodafone and liberty global aim to complete the deal by the middle of 2019.

Vodafone netherlands will be contributed on a debt and. British telecoms giant vodafone on wednesday unveiled an 18. Based on consensus forecasts for unitymedia and liberty globals estimates for. It is true that officials in germany, where vodafone already. Vodafone and liberty call off asset swap talks the times. Liberty global, the american owner of virgin media, and vodafone have been in negotiations for four months over a potential asset swap. May 09, 2018 british telecoms giant vodafone on wednesday unveiled an 18. Liberty global plc today announced its q2 2019 financial. Feb 02, 2016 vodafone vod2% and liberty global lbtya0. Vodafone in talks with liberty global on asset swap, not merger. Vodafone recently acquired liberty globals assets in germany, hungary. How a vodafone deal for liberty global could work the new. Another possibility is an asset swap that would reduce the upfront outlay. Vodafone is holdings discussions with virgin medias parent company liberty global regarding a possible swap of telecoms assets.

Vodafone group plc is shaking up europes fragmented media and telecom market with an 18. Vodafone ceo vittorio colao has suggested that the uk could eventually become a topic of conversation in the ongoing asset swaps between itself and liberty global. Vodafone ends talks with liberty global over asset swaps. Liberty global plc is in talks to possibly sell some of its european operations to british wireless company vodafone. An industry banker said he believed vodafones primary interest was in acquiring libertys uk arm virgin media, while the main attraction for liberty was vodafones german business. European wireless giant vodafone confirmed it is in talks to acquire certain assets from john malones liberty global, but stressed the discussions are in early stages and could break down. Vodafone and virgin medias parent company call off swap. Jun 05, 2015 vodafones cable business in germany, kabel deutschland, may be the focus of an asset swap, while vodafone may view liberty globals u. Vodafone in talks to buy european assets from liberty global. Vodafone and liberty global discuss asset swap vodafone confirms it is in the early stages of talks with liberty global, but stresses a merger is not on the table share this item with your network. Vodafone and liberty global have overlapping businesses in seven countries but it would only have been in the uk, germany and the netherlands that asset swaps may have been a.