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Liberty takes 98.4% of Ziggo shares, plans to delist business next month

ZiggoLiberty Global now holds 98.4% of all Ziggo shares, and has said that the Dutch cable operator’s last day of trading on the on Euronext Amsterdam exchange will be December 19. 

Liberty, which has previously announced its plans to de-list the business after it completes its takeover of the firm, said in a statement that it will own 100% of Ziggo following “statutory squeeze-out proceedings.”

Liberty said it will initiate these proceedings as soon as possible and that Ziggo shares will be terminated on December 22, 2014.