India, March 14 -- Liberty Global (LBTYA), Friday, has reportedly approached Vodafone regarding a potential acquisition of its stake in their Dutch joint venture, VodafoneZiggo.
According to Bloomberg, which cited sources familiar with the matter, Liberty Global has shown interest in a deal and engaged in on-and-off discussions with Vodafone in recent months. Any transaction could value Vodafone's stake at over €2 billion or $2.2 billion.
VodafoneZiggo was established in 2016 as a 50:50 joint venture, providing fixed, mobile, and integrated communication services in the Netherlands. Liberty Global is currently Vodafone's third-largest shareholder, following the Emirates Investment Authority and BlackRock.
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