Liberty moves to delist Ziggo after gaining 95% of shares

Liberty Global has secured control of 95.6% of Dutch operator Ziggo’s shares and is initiating a statutory “squeeze-out” to take 100% control. 

Liberty said its delisting of Ziggo and the squeeze-out would begin as soon as possible. The remaining shareholders had the option to tender their shares in a post-closing acceptance period ending at 17:40 yesterday.