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Vodafone-Liberty Global deal ‘would be approved’

Vodafone logoGerman regulators would likely approve a Vodafone buyout of Liberty Global’s assets in the country, Liberty’s co-chief financial officer Charles Bracken has reportedly said.

According to a Bloomberg report, Bracken said at an investor presentation in Barcelona “I think they would approve it.” However, he added that there is “no reason to abandon ship” in Germany and that it would ultimately be up to Liberty Global chairman John Malone whether he wanted to sell.

The news comes after Vodafone CEO Vittorio Colao said in September that Vodafone could acquire Liberty Global at “the right price”.