Malone boosts Vodafone bid talk
May 20, 2015
Liberty Global’s chairman John Malone has boosted the chances of a tie-up with Vodafone in Western Europe, saying it would be a “great fit”.
“We’ve looked at that from our side and there would be very substantial synergies if we could find a way to work together or combine the companies,” he told Bloomberg.
Malone said he was of the view that a deal between the two companies could create “enormous shareholder value if we could work it out”. Vodafone’s market cap is $93 billion, or twice that of Liberty’s not least because it carries far less debt than the cabler.
Other posts by :
- Who else was eyeing Globalstar?
- Analyst: Unrealistic expectations at SpaceX
- Rocket Lab: “We will out-innovate SpaceX”
- S&P ranks Arqiva’s debt as BBB+
- AST SpaceMobile to make D2C progress this winter
- EchoStar to put Hughes Network into bankruptcy
- FCC explains C-band incentives
- Analyst: Deep dive on Starlink’s prospects
