Cable & Wireless Confirms Merger Talks With Liberty Global
October 22 2015 - 12:33PM
Dow Jones News
By Tapan Panchal
LONDON--Cable & Wireless Communications PLC (CWC.LN)
Thursday confirmed that it is in talks with cable company Liberty
Global PLC (LBTYA) regarding a possible stock and cash offer for
the Caribbean and Latin America-focused telecommunication
company.
The company said there can be no certainty over the possibility
of a firm offer, or on the offer terms. It has advised its
shareholders to take no action.
Liberty Global, under U.K. takeover rules, is required to make a
firm offer for Cable & Wireless by Nov. 19.
Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 22, 2015 12:18 ET (16:18 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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