Vodafone Completes VodafoneZiggo Sale for €1B Cash

Vodafone Group Plc announced the completion of the sale of its interests in VodafoneZiggo Group Holding B.V. to Liberty Global Ltd. The transaction includes €1.0 billion in cash and a 10% shareholding in Ziggo Group, which will own VodafoneZiggo and Liberty Global's Belgian subsidiary, Telenet. Vodafone will also continue to provide services to VodafoneZiggo, generating an expected €625 million over the next 10 years. The proceeds from this sale will be utilized to reduce Vodafone Group's net debt.