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Liberty Global buys 12.65 pct stake in Dutch rival Ziggo
March 28, 2013 / 8:10 AM / 5 years ago

Liberty Global buys 12.65 pct stake in Dutch rival Ziggo

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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