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Liberty Global Announces Intention to Spin-Off 100% of Sunrise to Shareholders
LBTYALiberty .(LBTYA) Businesswire·2024-02-16 13:31

DENVER, Colorado--(BUSINESS WIRE)--Liberty Global Ltd. (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) today announces its intention to spin-off 100% of Sunrise to Liberty Global shareholders. The transaction aims to maximize shareholder value by crystallizing the value of Sunrise, allowing shareholders to fully participate in the future growth and upside of both Sunrise and Liberty Global. The spin-off will also provide scope to broaden and deepen the investor base given the distinct and compelling inves ...