Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

LIBERTY GLOBAL PLC

(LBTYA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

French telecoms firm Iliad to buy UPC Poland in near $1.8 bln deal

09/22/2021 | 01:59am EDT

PARIS, Sept 22 (Reuters) - French telecoms firm Iliad SA said on Wednesday it had struck a deal with U.S. cable operator Liberty Global Plc to buy Polish fixed internet operator UPC for an enterprise value of 7 billion zlotys ($1.78 billion).

Iliad, which bought Polish mobile operator Play last year, said in July that it had made an indicative offer for the whole of UPC Poland.

"After the purchase of Play end 2020, the acquisition of UPC Poland represents a new step for Iliad in the Polish telecoms market," Iliad said in a statement.

The group said the combined entity would become the second player in that market with pro-forma revenues of 1.96 billion euros ($2.30 billion) for 2020 and earnings before interest, tax, depreciation and amortisation of 697 million euros.

In a separate statement, Liberty Global said the deal is expected to close in the first half of 2022 and generate about $600 million of net cash proceeds after debt repayment.

In July, French tycoon Xavier Niel, the founder and controlling shareholder of Iliad, said he was making a 3.1 billion euro offer to buy the remaining shares in the company and take it private.

($1 = 3.9360 zlotys) ($1 = 0.8528 euros) (Reporting by Benoit Van Overstraeten in Paris and Kanishka Singh in Bengaluru; Editing by Dominique Vidalon and Rashmi Aich)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ILIAD 0.00% 182 End-of-day quote.8.27%
LIBERTY GLOBAL PLC -0.58% 29.3 Delayed Quote.21.68%
TYCOON GROUP HOLDINGS LIMITED -0.72% 1.37 End-of-day quote.-16.46%
All news about LIBERTY GLOBAL PLC
10/07LIBERTY GLOBAL : Selects CommScope HD Shelf for Next-Generation Network
BU
10/04Sky talks on partnering with Virgin Media O2 hit BT
RE
09/29DEUTSCHE TELEKOM : Former Sunrise CEO to Join T-Mobile Netherlands as Chairman
MT
09/27TELENET EXPANDS BASIC INTERNET PROJE : “Telenet has the technological expertise to o..
PU
09/23LIBERTY GLOBAL : Ventures Forms Fibre-To-The-Home Joint Venture With InfraVia Capital Part..
MT
09/23LIBERTY GLOBAL : Jefferies Upgrades Liberty Global to Buy from Hold, Adjusts Price Target ..
MT
09/23LIBERTY GLOBAL : Ventures and InfraVia Capital Partners Set up Fibre-to-the-home Joint Ven..
BU
09/23Liberty Global Ventures, the Investment Arm of Liberty Global plc and Infravia Capital ..
CI
09/23LIBERTY GLOBAL : AGREEMENT FOR THE SALE AND PURCHASE of the entire issued share capital of..
PU
09/23LIBERTY GLOBAL PLC : Entry into a Material Definitive Agreement, Financial Statements and ..
AQ
More news
Analyst Recommendations on LIBERTY GLOBAL PLC
More recommendations
Financials (USD)
Sales 2021 10 566 M - -
Net income 2021 12 104 M - -
Net Debt 2021 12 530 M - -
P/E ratio 2021 1,35x
Yield 2021 -
Capitalization 16 394 M 16 394 M -
EV / Sales 2021 2,74x
EV / Sales 2022 3,72x
Nbr of Employees 23 000
Free-Float 92,7%
Chart LIBERTY GLOBAL PLC
Duration : Period :
Liberty Global plc Technical Analysis Chart | LBTYA | GB00B8W67662 | MarketScreener
Technical analysis trends LIBERTY GLOBAL PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Last Close Price 29,47 $
Average target price 38,50 $
Spread / Average Target 30,6%
EPS Revisions
Managers and Directors
Michael Thomas Fries President, Chief Executive Officer & Director
Charles Henry Rowland Bracken Chief Financial Officer & Executive Vice President
John Carl Malone Chairman
Enrique RodrÝguez Chief Technology Officer & Executive VP
Paul Alan Gould Independent Director
Sector and Competitors
1st jan.Capi. (M$)
LIBERTY GLOBAL PLC21.68%16 394
VERIZON COMMUNICATIONS-12.60%214 955
CHARTER COMMUNICATIONS, INC.5.24%129 350
CHINA MOBILE LIMITED10.07%127 540
NIPPON TELEGRAPH AND TELEPHONE CORPORATION18.81%98 181
DEUTSCHE TELEKOM AG10.53%90 846