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Majority shareholder
If the bid succeeds,
In the news: What many already suspected is now official.
The numbers:
- Liberty has been the majority shareholder since 2007 and currently owns 59.18 percent of the capital. In addition,
Telenet itself owns 3.12 percent of its own shares after share buybacks in recent years. -
Liberty is offering exactly
22 euros per share for the remaining shares. That is 59 percent more thanTelenet's closing price onMarch 15 . - The Americans also point out that this is a 52 percent premium to the average price for the previous month.
Telenet has been suspended from the stock market sinceMarch 16 at9:57 a.m. after a share price surge, possibly indicating that the takeover plan began to leak by then.
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