Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Liberty Global Plc    LBTYA   GB00B8W67662

LIBERTY GLOBAL PLC

(LBTYA)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Liberty Global : Supports Cancellation of Sunrise EGM

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/22/2019 | 12:56am EST

Liberty Global plc (“Liberty Global” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK) announced today that it supports the cancellation of Sunrise Communications’ Extraordinary General Meeting (EGM), which had been scheduled to take place Wednesday, October 23, 2019. Sunrise was seeking approval for an ordinary capital increase by way of a rights offering to finance its pending acquisition of UPC Switzerland. Sunrise has reviewed the vote tally, including the intention of its largest shareholder Freenet to vote against the deal, and determined that the proposal was unlikely to be approved by shareholders.

The existing share purchase agreement between the parties will remain in place with some minor amendments, including the flexibility to convene a new EGM and certain adjusted termination rights. In addition, the commitments by Liberty Global in the recently announced Conditional Rights Purchase Agreement will lapse and thereby terminate.

ABOUT LIBERTY GLOBAL

Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the world’s leading converged video, broadband and communications companies, with operations in six European countries under the consumer brands Virgin Media, Telenet and UPC. We invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution. Our substantial scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect 11 million customers subscribing to 25 million TV, broadband internet and telephony services. We also serve 6 million mobile subscribers and offer WiFi service through millions of access points across our footprint.

In addition, Liberty Global owns 50% of VodafoneZiggo, a joint venture in the Netherlands with 4 million customers subscribing to 10 million fixed-line and 5 million mobile services, as well as significant investments in ITV, All3Media, ITI Neovision, LionsGate, the Formula E racing series and several regional sports networks.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LIBERTY GLOBAL PLC
11/16U.K. Labour Party Platform Shifts Left -- WSJ
DJ
11/15BT Shares Knocked by Labour's Nationalization Plans
DJ
11/13Liberty Global hopes to revive deal as Sunrise to take $125 million hit
RE
11/13LIBERTY GLOBAL CFO : Sunrise-UPC deal made sense, still worth pursuing
RE
11/13Liberty says worth thinking about offering wholesale access to UK network
RE
11/12LIBERTY GLOBAL : Responds to Sunrise Termination of Share Purchase Agreement
BU
11/12Communications Services Flat as Streaming Wars Rage On -- Communications Serv..
DJ
11/12NEWS HIGHLIGHTS : Top Company News of the Day
DJ
11/12NEWS HIGHLIGHTS : Top Company News of the Day
DJ
11/12NEWS HIGHLIGHTS : Top Company News of the Day
DJ
More news
Financials (USD)
Sales 2019 11 460 M
EBIT 2019 788 M
Net income 2019 -909 M
Debt 2019 16 384 M
Yield 2019 -
P/E ratio 2019 -31,8x
P/E ratio 2020 -75,8x
EV / Sales2019 2,64x
EV / Sales2020 3,04x
Capitalization 13 899 M
Chart LIBERTY GLOBAL PLC
Duration : Period :
Liberty Global Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LIBERTY GLOBAL PLC
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 28,72  $
Last Close Price 22,64  $
Spread / Highest target 59,0%
Spread / Average Target 26,9%
Spread / Lowest Target -12,1%
EPS Revisions
Managers
NameTitle
Michael Thomas Fries Chief Executive Officer
John C. Malone Chairman
Joost Baptiest P. Coopmans Senior Vice President-Operations
Charles Henry Rowland Bracken Chief Financial Officer & Executive Vice President
Enrique Rodríguez Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
LIBERTY GLOBAL PLC6.09%13 899
CHARTER COMMUNICATIONS, INC.66.89%102 149
LIBERTY BROADBAND CORPORATION63.33%21 346
DISH NETWORK CORPORATION43.97%17 725
CABLE ONE, INC.79.91%8 427
CYFROWY POLSAT S.A.28.10%4 748