Betaville

UNCOOKED ALERT: Telenet Group N.V. said to ... - Part 2

Little old Betaville has said this before and I will say it again: sometimes it takes a few days for the confirmations to come through and sometimes it takes a few months.

With Telenet, the Belgian telecoms company, it took a few months for John Malone's Liberty Global to finally make its mind up and announce its offer for Telenet.

In case you don't recall, little old Betaville published its first UNCOOKED ALERT about Liberty Global weighing an offer for Telenet back in September 2022. See the link below:

https://www.www.betaville.co.uk/betaville-intelligence/xbg1d3a5/

I then followed it up with another UNCOOKED ALERT about the takeover rumours surrounding Telenet in late October 2022. Below is the link:

https://www.www.betaville.co.uk/betaville-intelligence/jix99q3w/

And today Liberty Global has announced a takeover at a EURO 22 a share - a near 60pc premium. Below is a link to the announcement:

https://www.businesswire.com/news/home/20230321005643/en/LIBERTY-GLOBAL-TO-LAUNCH-VOLUNTARY-AND-CONDITIONAL-PUBLIC-TAKEOVER-BID-FOR%C2%A0ITS-SUBSIDIARY-TELENET-GROUP-HOLDING

P.S the piece (see the link below) published in December might have also dropped a large hint a deal was brewing.

https://www.betaville.co.uk/news/bears-hug-telenet-group-holding-n.v/ ..