Liberty Global buys 12.65 pct stake in Dutch rival Ziggo

AMSTERDAM, March 28 Thu Mar 28, 2013 4:10am EDT

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AMSTERDAM, March 28 (Reuters) - Cable firm Liberty Global said on Thursday it had bought a 12.65 percent stake in Dutch cable firm Ziggo for 632.5 million euros ($808 million) as a strategic investment in a market where it already operates.

Liberty Global, which owns Dutch cable firm UPC, said it bought the shares for 25 euros per share from Barclays Capital Securities.

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