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Why Liberty Global Is Offloading Some European Assets

Rachel Gunter
Why Liberty Global Is Offloading Some European Assets

In its deal with Vodafone (VOD), Liberty Global (LBTYA) is selling a portfolio of European cable businesses. Before the deal with Vodafone to sell its operations in Germany, the Czech Republic, Hungary, and Romania, Liberty was talking about rebalancing its assets in Europe. The company’s aim in asset rebalancing is to focus on fewer European markets where it sees the best opportunity to scale.