Liberty Global to acquire the remaining 50% stake in VodafoneZiggo from Vodafone for €1bn.

Liberty Global, a converged broadband, video and mobile communications company, agreed to acquire the remaining 50% stake in VodafoneZiggo, a Dutch telecommunications company that operates as a 50:50 joint venture, from Vodafone, a British multinational telecommunications company, for €1bn. Vodafone will also receive a 10% minority stake in a soon-to-be-formed Benelux entity, Ziggo Group, as part of the deal. "This transaction marks a significant milestone in our decades‑long commitment to the Benelux region and is fully aligned with our strategy of unlocking long‑term value for shareholders. By combining these assets, we are creating a regional powerhouse comprised of two converged national FMC champions operating in rational markets — an attractive platform with strong prospects for sustained free‑cash‑flow generation. We are excited about giving shareholders the opportunity to participate directly in Ziggo Group’s future growth and value creation," Mike Fries, Liberty Global Chairman and CEO.