Denver, Colorado – Liberty Global plc announced that it has acquired 138.7 million shares in ITV plc (“ITV”), thereby increasing its existing stake to a total of 398.5 million shares in ITV or approximately 9.9% of ITV’s ordinary shares outstanding. Liberty Global has at the same time entered into a hedging transaction with respect to the ITV shares it has acquired and obtained further financing from its hedge counterparty. The acquisition of the additional ITV shares, … [Read more...] about Liberty Global increases stake in ITV
Mike Fries
Liberty Global appoints Senior Vice President
Denver, Colorado – Liberty Global plc and Virgin Media announced that Dana Strong, Chief Operating Officer (“COO”) of Virgin Media, has been tapped to take on a new role within Liberty Global. Effective 31 January, Strong will assume the position of Senior Vice President, Chief Transformation Officer for Liberty Global. In this role, Strong will report directly to the Chief Executive Officer (“CEO”) Mike Fries and will join Liberty Global's Executive Management … [Read more...] about Liberty Global appoints Senior Vice President
Liberty Global acquires ITV shares
Denver, Colorado – Liberty Global plc (“Liberty Global” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK) announced on July 17 that it has acquired 259.8 million shares in ITV plc (“ITV”) from British Sky Broadcasting Group plc for total consideration of approximately GBP 481 million. As a result of this investment, Liberty Global will own approximately 6.4% of ITV. Mike Fries, Liberty Global’s Chief Executive Officer, commented: “This … [Read more...] about Liberty Global acquires ITV shares
Discovery Communications and Liberty Global to acquire All3Media
London – Discovery Communications and Liberty Global announced on May 8 an agreement to form a 50:50 joint venture to acquire All3Media, an international producer and distributor of award-winning TV programming, from its founders and the Permira funds. All3Media, the largest independent production group in the U.K. with headquarters in London, has a strong presence in the U.S., Germany, the Netherlands and New Zealand, and has 26 creative centres in the world’s largest TV … [Read more...] about Discovery Communications and Liberty Global to acquire All3Media
Liberty Global to acquire Virgin Media
Englewood, Colorado – Liberty Global, Inc. and Virgin Media Inc. have entered into an agreement, subject to shareholder approvals, to which Liberty Global will acquire Virgin Media in a stock and cash merger valued at approximately USD$23.3 billion. The deal between the two companies was made with several objectives, including being one of the world’s leading broadband communications company covering millions of homes across 14 countries. The combined company will focus on the … [Read more...] about Liberty Global to acquire Virgin Media
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