Home Liberty Global to take part in capital increase to finance Sunrise takeover of UPC Switzerland
 

Keywords :   


Liberty Global to take part in capital increase to finance Sunrise takeover of UPC Switzerland

2019-10-14 09:31:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise announced that Liberty Global will invest up to CHF 500 million in a combination of tradable rights and subsequent subscription of newly issued shares in the capital increase to finance the acquisition of UPC Switzerland. This was a demand of some Sunrise shareholders, who found the price of the takeover too high, and called for Liberty Global to share in the risk of merging the two operators. 

Tags: part increase global finance

Category:Telecommunications

Latest from this category

All news

»
27.11 seed freedom 2
27.1180s 5
27.11IVE SWITCH MINE CD 4
27.11151 2BOX
27.11 HUNTER×HUNTER 0 1333,36
27.11HiHiJets DVD
27.11neve Marinair Lo2567 1081 API500
27.11 Blu-ray BOX6
More »