VodafoneZiggo Receives EU Commission Clearance For Tower Sale
Liberty Global received EU Commission clearance for the sale of VodafoneZiggo's passive tower assets to DigitalBridge, TD Greystone Infrastructure and L&G, with closing anticipated by year-end for EUR669m in total consideration. The tower sale proceeds will support de-leveraging at VodafoneZiggo and count toward the targeted €1.2-1.4bn of non-core disposals ahead of the planned spin-off and mid-2027 Amsterdam listing of Ziggo Group.
Key figures
- Deal Value Usd
- EUR669m
- Non core disposal target
- €1.2-1.4bn
- Ziggo group listing timing
- mid-2027
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