Liberty Global A ( (LBTYA) ) just unveiled an announcement.
Liberty Global’s special meeting saw the approval of significant proposals, including the spin-off of Sunrise Communications and a share premium reduction, paving the way for strategic financial maneuvers. The company’s Q3 2024 results highlighted improvements in broadband and mobile services across markets, supported by AI and digital tools. Liberty Global is set to execute the Sunrise spin-off on November 12, aiming for substantial debt reduction and dividends, while focusing on asset value enhancement and strategic investments, including increased stakes in fast-growing sectors like motorsports.
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