Liberty Global completed the acquisition of the remaining stake in Telenet Group for €965m.

Liberty Global, a British-Dutch-American multinational telecommunications company, completed the acquisition of the remaining stake in Telenet Group, a provider of cable broadband services, for €965m. “We believe an offer of €22 ($23.6) per share provides a good opportunity for Telenet shareholders to monetize their investment at an attractive premium. We welcome the unanimous decision of Telenet’s board of directors to support and recommend this offer. We are proud of how Telenet has evolved in recent years, and we are fully committed to Belgium and all the company’s stakeholders,” Mike Fries, Liberty Global CEO.