Wednesday, May 9, 2018

Vodafone strikes €18bn deal for Liberty Global's cable and broadband assets

Tie-up with Virgin Media owner will transform mobile phone operator into a cable and broadband TV giant in Europe

Vodafone has struck an €18.4bn (£16bn) deal to buy Liberty Global’s cable TV and broadband businesses in Germany and eastern Europe.

The deal for the Virgin Media owner, which has been the subject of on-off talks for several years, will transform Vodafone from a mobile phone operator into a cable and broadband TV giant across the continent.

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from Mergers and acquisitions | The Guardian https://ift.tt/2I6Fpow

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