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Liberty Global preparing Kabel Deutschland bid - report

FRANKFURT (Reuters) - U.S. cable company Liberty Global <LBTYA.O> is preparing a takeover offer for Kabel Deutschland <KD8Gn.DE>, Manager Magazin reported, sending shares in Germany's biggest cable company higher. By preparing a bid, Liberty Global wants to steal a march on UK-based telecommunications company Vodafone <VOD.L>, which is also interested in buying Kabel Deutschland, the monthly magazine said in an excerpt of an article to be published on Friday. The excerpt did not cite sources.

Liberty Global preparing offer for Kabel Deutschland - report

FRANKFURT (Reuters) - U.S. cable company Liberty Global <LBTYA.O> is preparing a takeover offer for Germany's Kabel Deutschland <KD8Gn.DE>, German magazine Manager Magazin reported. By preparing a bid, Liberty Global wants to steal a march on UK-based telecommunications company Vodafone <VOD.L>, which is also interested in buying Kabel Deutschland, the monthly magazine said in an excerpt of an article to be published on Friday.

Liberty Global buys stake in Dutch cable operator

The US cable giant Liberty Global announced Thursday that it has bought a minority stake in Dutch cable operator Ziggo worth more than a half billion euros, as Liberty pursues its march into strategic European markets. Liberty Global "has acquired 25.3 million shares in Ziggo from Barclays Capital Securities Limited... for a total investment of approximately 632.5 million euros," or about $807 million, the Colorado-based cable group said in a statement.

UPDATE 1-Kabel Deutschland won't fight Vodafone bid - sources

* Kabel Deutschland is in no defence mode - source * Vodafone offer could be worth 10 billion euros * Kabel Deutschland shares flat FRANKFURT, Feb 21 (Reuters) - Kabel Deutschland has no plans to fend off a potential 10 billion euro ($13 billion) takeover offer from British mobile operator Vodafone , two people close to Germany's biggest cable company said.

REFILE-UPDATE 1-Vodafone hires bank for possible German cable bid

* Appoints Goldman Sachs to advise on options-source * Kabel Deutschland hires Morgan Stanley, Perella-source * Potential 10 bln deal would transform German telco market * Vodafone looking at fixed assets in Europe * German antitrust regulator would need to review deal By Arno Schuetze and Peter Maushagen

UPDATE 2-Malone will avoid UK rights war with Murdoch's BSkyB

* Liberty to buy Virgin Media for around $15.75 bln * Says deal is about expanding European presence * Sees no fight over premium content * Rival bid unlikely, say analysts By Paul Sandle LONDON, Feb 6 (Reuters) - John Malone's Liberty Global will avoid a battle with Rupert Murdoch's BSkyB over expensive content like English Premier League soccer, the U.S. company said after agreeing to buy BSkyB's biggest rival.

NEWSMAKER-With Virgin deal, Malone set to be European cable king

* Virgin Media deal largest and latest for Liberty Global * Liberty Global already ranks as largest cable operator in Europe * Replicating Malone's past strategy with TCI in United States * Liberty Global has more than $10 billion in annual revenue By Liana B. Baker and Leila Abboud Feb 6 (Reuters) - For more than three decades, John Malone has been known as America's King of Cable. Now, he is gaining that title in Europe as well.

Liberty Global buys Virgin Media for $23.3 bln

US-based cable operator Liberty Global said late Tuesday that it will acquire Virgin Media in a stock and cash merger valued at $23.3 billion, eyeing key strategic markets in Europe. The deal hopes to create "the world's leading broadband communications company," which would cover 47 million homes and serve 25 million customers in 14 countries, the two groups said in a joint statement. It said the new company will focus on "the strongest and most strategic markets in Europe, with the scale to be at the forefront of technological change for customers."

Liberty Global buys Virgin Media for $23.3 bln

US-based cable operator Liberty Global said late Tuesday that it will acquire Virgin Media in a stock and cash merger valued at $23.3 billion. The deal hopes to create "the world's leading broadband communications company," which would cover 47 million homes and serve 25 million customers in 14 countries, the two groups said in a joint statement. It said the new company will focus on "the strongest and most strategic markets in Europe, with the scale to be at the forefront of technological change for customers."

URGENT ¥¥¥ Liberty Global buys Virgin Media for $23.3 bln

US-based cable operator Liberty Global said late Tuesday that it would buy cable television firm Virgin Media for $23.3 billion in cash and stock. According to the terms of the agreement, Virgin Media stockholders will receive for each share of the Britain-based firm $17.50 in cash, 0.2582 Liberty Global Series A shares and 0.1928 Liberty Global Series C shares, which implies a price of $47.87 for each Virgin Media share. ved/ch/oh
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