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Norges Bank Investment Management, Telenet's fourth-largest shareholder with a 4% stake, rejects...
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Thursday, December 20, 2012, 5:52 AM ETNorges Bank Investment Management, Telenet's fourth-largest shareholder with a 4% stake, rejects Liberty Global's (LBTYA) €35/share offer to buy the 49.8% of the Belgian cable operator that it doesn't already own. Liberty has said it won't raise its bid despite an independent analysis valuing Telenet at €37-42/share.
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