RestructuringJun 1, 2026, 04:07 PM
Liberty Global Forms Ziggo Group, Names CEO; Plans 2027 Amsterdam Listing
AI Summary
Liberty Global announced the formation of Ziggo Group, a new Benelux telecommunications company combining VodafoneZiggo (Netherlands) and Telenet (Belgium). Stephen van Rooyen, current VodafoneZiggo CEO, will lead the new group as CEO, with Jany Fruytier as CFO, both effective September 1st. This strategic move aims to create a scaled regional champion with 13 million customers and €6.6 billion ($7.7 billion) in revenue, with a planned listing on Euronext Amsterdam in 2027. The listing is expected to distribute 90% of shares to Liberty Global shareholders, with Vodafone retaining 10%.
Key Highlights
- Liberty Global forms Ziggo Group, combining VodafoneZiggo (Netherlands) and Telenet (Belgium).
- Stephen van Rooyen appointed CEO of Ziggo Group, effective September 1st.
- Jany Fruytier appointed CFO of Ziggo Group, effective September 1st.
- Ziggo Group will serve approximately 13 million customers.
- Combined revenue for Ziggo Group is €6.6 billion ($7.7 billion) as of December 31, 2025.
- Planned listing of Ziggo Group on Euronext Amsterdam in 2027.
- 90% of Ziggo Group shares proposed for distribution to Liberty Global shareholders.
- Vodafone will own 10% of Ziggo Group shares.
Price Impact
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