Malone’s €5.7bn sale is blocked

//Malone’s €5.7bn sale is blocked

Malone’s €5.7bn sale is blocked

The plans of billionaire cable mogul John Malone — who owns Virgin Media cable and broadband, as well as hotels in Ireland — for a $6.4bn (€5.7bn) sale of UPC Switzerland fell apart after would-be purchaser Sunrise Communications concluded its shareholders won’t support the move.

Article by [author-name] (c) Business: BreakingNews.ie - Read full story here.

By | 2019-10-23T00:02:00+00:00 October 23rd, 2019|Business|Comments Off on Malone’s €5.7bn sale is blocked