COLOGNE, Germany - John Malone's cable group Liberty Global has further boosted its stake in Ziggo, the largest cable operator in the Netherlands, from 12.7 percent to 15 percent.
Liberty already owns the Dutch number two cable group, UPC, making further acquisitions in the Netherlands unlikely, at least in the short term. If Liberty continues to increase its Ziggo stake, it could run into anti-thrust issues with the Dutch government.
Liberty continues to expand and consolidate its European cable empire, making a $23.3 billion bid for Britain's Virgin Media and, reportedly, eyeing a possible bid for Germany's largest cable operator Kabel Deutschland.
- Liberty Global
- John Malone