Liberty Global Revives Ziggo Takeover Talks

UTRECHT: Ziggo has confirmed that it is currently in discussions with Liberty Global regarding a potential acquisition offer.

Liberty already owns a 28.5-percent stake in Ziggo. Back in October, Ziggo rejected an offer from the group to buy out the remainign shares, saying the proposed price was too low.

In a statement released today, Ziggo said: "Further announcements will be made if and when relevant. There is no certainty that any agreement can be reached or that any offer will ultimately be made."