Liberty back in for Holland's Ziggo

|About: Liberty Global, Inc. (LBTYA)|By:, SA News Editor

Liberty Global (LBTYA) is in negotiations to acquire Dutch cable group Ziggo (ZIGGY), which already rejected an offer from the U.S. group in October for being too low.

Liberty owns 28.5% in Ziggo, whose market cap is €6.63B.

The talks come as Liberty expands its presence in Europe, having acquired Virgin Media for $16B earlier this year.