Virgin Media O2 said to attract first offers in £1bn NetCo stake sale

tfw191-tt-netco sale reports

Source: Liberty Global

Spanish media reports Virgin Media O2 owners Telefónica and Liberty Global have received non-binding offers from investors for a 40% stake in the planned NetCo carve out, with BlackRock and CPP Investments in the mixer.

This article includes:

  • Organisations: AustralianSuper; BlackRock; BT; Canada Pension Plan Investment Board; CPP Investments; El Economista; EQT Infrastructure; Global Infrastructure Partners; InfraVia; KKR; Liberty Global; Openreach; PSP Investment; QIC; Telefónica; Virgin Media O2.
  • Geographic: Canada; Chile; Colombia; Germany; Peru; Spain; UK.
  • People: Mike Fries.
  • Themes: Fibre; NetCo; Project Lightning; ServCo; Wireline.

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