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Liberty Global Agrees to Sell Dutch Towers Ahead of 2027 Ziggo Group Listing

  • Liberty Global agreed to sell VodafoneZiggo's tower assets for €669 million to an entity jointly owned by funds managed by DigitalBridge, TD Greystone Infrastructure & L&G.
  • The transaction values the Dutch tower assets at 16.2x their 2025 pro forma EBITDA & is subject to regulatory approvals & works council consultation.
  • Proceeds will be used to retire debt across Ziggo Group, the new Benelux telecommunications company holding Liberty Global's interests in VodafoneZiggo & Telenet.
  • Additional sale processes are underway as part of Liberty Global's targeted €1.2-1.4bn non-core asset disposals to support Ziggo Group's intended Amsterdam listing in mid-2027.
  • Liberty Global Chairman & CEO Mike Fries stated the disposal creates a stronger platform for long-term growth & value creation for shareholders & local investors.