trending Market Intelligence /marketintelligence/en/news-insights/trending/p6AOulDn9-DShbpyI6yy2w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Liberty Global commences modified Dutch auction tender offers

OTT Winners, Losers In The Age Of COVID-19

After Growing In 2019, Latam FTTP Market Might Slowdown In 2020 Due To COVID-19

Another Outcome Of COVID-19: Olympics Postponed

COVID-19 Crisis: Legacy TV Universe Strategic Analysis


Liberty Global commences modified Dutch auction tender offers

Liberty Global PLC commenced "modified Dutch Auction" tender offers to invite its shareholders to tender up to $2.5 billion of its ordinary shares.

The tender offers consist of up to $625 million of its issued and outstanding ordinary class A shares for purchase by Credit Suisse Securities (USA) LLC and HSBC Securities (USA) Inc. at a price not greater than $29 nor less than $25.25 per class A share; and up to about $1.88 billion of its issued and outstanding ordinary class C shares for purchase by the counterparty banks at a price not greater than $28.50 nor less than $24.75 per class C share.

The closing price of the shares on the Nasdaq Global Select Market on Aug. 9, the last full trading day before the commencement of the tender offers, was $25.98 per class A share and $25.85 per class C share, according to an Aug. 12 news release.

The tender offers are scheduled to expire at one minute after 11:59 p.m. ET on Sept. 9, unless the offers are extended or terminated.

The information agent for the tender offer is Innisfree M&A Inc. The depositary for the tender offer is Computershare Trust Co. NA. The dealer managers for the tender offer are Credit Suisse Securities (USA) LLC and HSBC Securities (USA) Inc.