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Liberty Global (LBTYA) looks to deepen its interests in Europe with an offer to acquire the...

Liberty Global (LBTYA) looks to deepen its interests in Europe with an offer to acquire the 49.6% of Belgian telecom operator Telenet it doesn't already own for €1.96B ($2.56B). Liberty's bid of €35 a share values Telenet at €4B and represents a 13% premium on its close yesterday of €31.10. In Europe, Liberty also owns German cable providers Kabel Baden-Wuerttemberg and Unitymedia. (PR)
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