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Vodafone Group Plc and Liberty Global PLC line up to buy Spanish cable group-Reuters

Tuesday, 28 Jan 2014 10:34am EST 

Liberty Global PLC:Says Vodafone Group Plc and Liberty Global PLC are competing to buy Spain cable operator-Ono, from its private equity owners-Reuters.Ono had been planning an initial public offering this year.Investment funds Providence Equity Partners, Thomas H. Lee Partners, CCMP Capital Advisors, and Quadrangle Capital own 54 percent of Ono, according to the company's website.The funds are holding ongoing talks with Vodafone and Liberty.Ono, Vodafone, and Liberty declined to comment. 

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