RSS   Newsletter   Contact   Advertise with us
Post Online Media
No talks any more   Vodafone and Liberty are cutting the ties

Discussions with Liberty Global have been terminated

VodafoneIn early June, Vodafone Group Plc confirmed that it was in the early stages of discussions with Liberty Global Plc regarding a possible exchange of selected assets between the two companies. Talks are now terminated.

Liberty Global, which has operations in 12 European countries including Britain, Germany and the Netherlands, has a market capitalisation of $46 billion, while Vodafone's is 66 billion pounds ($102 billion).

READ MORE Liberty Global, Discovery Communications to buy 3.4% of Lionsgate each

Vodafone did not say which businesses were being discussed.

"There is no certainty that any transaction will be agreed, nor is there certainty with respect to which assets will ultimately be involved," the company said in its statement.

Liberty, which owns Unitymedia, Germany's second-biggest cable operator, has long coveted its bigger rival Kabel Deutschland, which Vodafone bought in 2013 for $10 billion.

What to read next

More inside POST

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy