StockWatch
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Cable & Other Pay Television Services
AcquisitionsAug 6, 2026, 04:33 PM

Liberty Global Holding Completes VodafoneZiggo Acquisition

AI Summary

Liberty Global Holding B.V. (Ziggo Group), a subsidiary of Liberty Global Ltd., announced the completion of its acquisition of the remaining 50% of VodafoneZiggo from Vodafone. The transaction, finalized on July 31, 2026, involved a payment of €1.0 billion in cash and the issuance of Class B ordinary shares representing 10% of Ziggo Group's capital to Vodafone. As a result, Ziggo Group now holds 100% of VodafoneZiggo. Concurrently, a new Shareholders' Agreement was established, outlining governance, minority protections for Vodafone, and share transfer restrictions. Liberty Global also reiterated its intention to distribute its entire equity interest in Ziggo Group to its shareholders and list Ziggo Group shares on Euronext Amsterdam.

Key Highlights

  • Liberty Global Holding B.V. completed the acquisition of the remaining 50% stake in VodafoneZiggo.
  • The Transaction was completed on July 31, 2026.
  • Consideration included €1.0 billion in cash and 10% of the Company's Class B ordinary shares issued to Vodafone.
  • Liberty Global Holding B.V. now owns 100% of VodafoneZiggo group.
  • A new Shareholders' Agreement was entered into, establishing post-closing governance and shareholder rights.
  • The Shareholders' Agreement includes minority investor protections for Vodafone and transfer restrictions.
  • Liberty Global intends to distribute its equity interest in Ziggo Group to shareholders (Spin Transaction).