Liberty Global Planning More Spin-Offs

Liberty Global poised for more spin-offs

Liberty Global CEO Mike Fries (pictured) revealed the company is working on deals to separate more of its assets after spinning-off Swiss operator Sunrise last year, targeting completion of one or more transactions in the next 12 to 24 months. Liberty Global has reduced its assets in recent years but still runs 50:50 joint ventures in the UK through VMO2 and VodafoneZiggo in the Netherlands, as well as Telenet in Belgium and Virgin Media in Irel…

Liberty Global planning more spin-offs

Credit: Richard Kendal/RTS Liberty Global CEO Mike Fries has said the company is working to separate its remaining core operating units following the successful spin-off of Sunrise in November 2024. While the number of its operations has reduced in recent years, Liberty still runs joint ventures with O2 in the UK and Vodafone in the Netherlands. “The unique structure of our balance sheet and holdings provides us with the flexibility to pursue ad…