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Sunrise shareholders tender 82% shares to UPC Switzerland, to become Liberty Global subsidiary

2020-10-09 09:51:00| Telecompaper Headlines

(Telecompaper) Liberty Global said that based on preliminary numbers, Sunrise shareholders have tendered 81.98 percent of its shares to UPC Switzerland. This means that the minimum acceptance condition has been met, namely the tender of two thirds of the fully diluted share capital of Sunrise. The result of the first tender offer is subject to confirmation in the definitive notice of the interim results scheduled for 14 October.

Tags: global switzerland shares subsidiary

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