RE: Liberty9 May 2018 13:31
The sale will leave John Malone, who controls Liberty Global through voting shares, with almost €11bn in cash to inject into its remaining businesses. The deal could spark speculation that he may once again consider buying ITV, in which Liberty Global has a 9.9% stake. The company has repeatedly said ITV, which has a market value of £6bn, is overpriced as a takeover target.
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