|Bid||21.28 x 800|
|Ask||21.42 x 1300|
|Day's Range||21.22 - 21.90|
|52 Week Range||15.24 - 26.12|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||1.15|
|Earnings Date||Aug 06, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.38|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Liberty Global plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Liberty Global has been successful in its 6.8 billion Swiss franc ($8.74 billion) attempt to buy Switzerland's Sunrise Communications after the all-cash offer was accepted by nearly 82% of the target's shareholders. Liberty Global, set up by U.S. cable pioneer John Malone, offered 110 Swiss francs per share of Sunrise, Switzerland's second-biggest telecoms company, in a surprise deal in August. The approach was a reversal of Sunrise's failed bid to buy Liberty's Swiss business, which collapsed after running into shareholder opposition last year.
Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today the definitive interim results for the all cash, public tender offer of UPC Schweiz GmbH (a subsidiary of Liberty Global) to acquire all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG). 37,107,859 Sunrise shares have been tendered as of the end of the main offer period, corresponding to 81.98% of the fully diluted share capital of Sunrise.