Malone boosts Vodafone bid talk
May 20, 2015
Liberty Global’s chairman John Malone has boosted the chances of a tie-up with Vodafone in Western Europe, saying it would be a “great fit”.
“We’ve looked at that from our side and there would be very substantial synergies if we could find a way to work together or combine the companies,” he told Bloomberg.
Malone said he was of the view that a deal between the two companies could create “enormous shareholder value if we could work it out”. Vodafone’s market cap is $93 billion, or twice that of Liberty’s not least because it carries far less debt than the cabler.