Find a Question:
Parent company UPC has 28.5 percent of Ziggo owned
The parent company of UPC, Liberty Global, has been 28.5 percent of Ziggo in hands. That have UPC and Ziggo announced. Since March, the share of Liberty Global in Ziggo more than doubled. Of Liberty Global Ziggo will take over complete unknown.
Ziggo The increased share of Liberty Global in Ziggo by Liberty Global reported to the U.S. Securities and Exchange Commission and on Saturday out also by Ziggo itself spent . In late March it was announced that Liberty Global 635 million paid for a stake of 12.65 percent in Ziggo, that share is now so more than doubled.
Because Liberty Global less than 30 percent of Ziggo hands, does the U.S. company to do the rest of the shares in a bid. Despite the greatly increased interest in Liberty Global Ziggo raises the question of whether the U.S. company preys on a full takeover of Ziggo. In that case, almost a monopoly in the cable develop: UPC and Ziggo together the majority of the Dutch cable market in hands.
The question is whether market watchdog ACM, including former Competition Authority is, might just agree to an acquisition, if the competition is at stake, the market watchdog block a takeover. It is also possible that the combined cable company then should be competitors to allow access to its network, such as DSL monopoly KPN that on its DSL network needs to do. Incidentally, UPC and Ziggo not compete directly with each other: each municipality has only one cable company.Viewing:-149
Answer this Question
You must be Logged In to post an Answer.
Not a member yet? Sign Up Now »
Star Points Scale
Earn points for Asking and Answering Questions!