Liberty Globalplc Chairman John Malone said the weak pound sterling could help him in a takeover ofVodafone Group Plc, The Times (London) reported July 23.

The two companies have reportedly talks over a potential merger valuedat £140 billion. They previously considered an assets swap, but discussionscollapsed because ofLiberty Global's tax strategies.

Vodafone and Liberty Global have proposed a joint for their respectiveDutch units, Vodafone Nederland and . The deal is antitrust approval fromthe European Commission.