U.S. markets close in 3 hours 36 minutes
  • S&P 500

    3,455.49
    +12.37 (+0.36%)
     
  • Dow 30

    28,386.10
    +77.31 (+0.27%)
     
  • Nasdaq

    11,553.80
    +37.31 (+0.32%)
     
  • Russell 2000

    1,610.00
    -7.70 (-0.48%)
     
  • Crude Oil

    40.29
    -1.41 (-3.38%)
     
  • Gold

    1,930.80
    +15.40 (+0.80%)
     
  • Silver

    25.25
    +0.27 (+1.08%)
     
  • EUR/USD

    1.1881
    +0.0052 (+0.44%)
     
  • 10-Yr Bond

    0.8080
    +0.0110 (+1.38%)
     
  • GBP/USD

    1.3171
    +0.0224 (+1.73%)
     
  • USD/JPY

    104.4800
    -0.9900 (-0.94%)
     
  • BTC-USD

    12,781.04
    +1,724.03 (+15.59%)
     
  • CMC Crypto 200

    256.36
    +11.47 (+4.68%)
     
  • FTSE 100

    5,776.50
    -112.72 (-1.91%)
     
  • Nikkei 225

    23,639.46
    +72.42 (+0.31%)
     

Liberty Global expects no major regulatory challenge to O2-Virgin deal - CEO

·1 min read

May 7 (Reuters) - Liberty Global expects no major regulatory challenge to a deal to merge its Virgin Media unit with British mobile operator O2, owned by Spain's Telefonica , its chief executive said on Thursday.

"We don't expect major challenges to this," Mike Fries told a conference call after announcing the deal, which if concluded would create a major new player in UK mobile and broadband communications.

Fries said Britain's exit from the European union did not change the benefits or advantages of the merger, and was "a major vote of confidence by both companies in the U.K." (Reporting by Isla Binnie, Editing by Inti Landauro)