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Liberty Global raises stake in Dutch rival Ziggo to 15 pct-filing
April 30, 2013 / 6:16 AM / 4 years ago

Liberty Global raises stake in Dutch rival Ziggo to 15 pct-filing

AMSTERDAM, April 30 (Reuters) - U.S.-listed cable firm Liberty Global has increased its stake in Dutch rival Ziggo to 15 percent from 12.65 percent previously, a regulatory filing at Dutch financial market regulator AFM showed on Tuesday.

Liberty last month bought Ziggo shares, saying the acquisition, in a sector in which it is already involved, was attractive given the stock’s dividend yield of about 7.4 percent.

Liberty owns Dutch cable firm UPC.

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