Liberty Global News
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JPMorgan Chase & Co., the largest U.S. bank by assets, named Chris Ventresca and Hernan Cristerna as co-heads of global mergers and acquisitions.
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Poland’s second-largest cable- television company is relying on proceeds from its record bond sale to repel competition from billionaire John Malone’s Liberty Global Inc. and Warburg Pincus LLC.
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Kabel Deutschland Holding AG, Germany’s largest cable operator, fell the most since February after Vodafone Group Plc struck a deal to gain access to fast Internet lines, reducing its need to purchase cable assets.
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Tom Mockridge, who led Rupert Murdoch’s U.K. newspaper unit during phone-hacking allegations, was named the head of British cable operator Virgin Media Inc., placing him in competition with his former employer.
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John Malone’s Liberty Global Inc. owns a 15 percent stake in Dutch cable-television operator Ziggo NV, according to a regulatory filing.
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Telefonica SA’s German division plans to deepen its cooperation with Deutsche Telekom AG for fixed- line products as it seeks to reverse a drop in broadband customer numbers and offer bundles for wireless clients.
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British Sky Broadcasting Group Plc, the U.K.’s largest pay-TV broadcaster, said operating profit for the first nine months climbed 9 percent as it won customers for high-speed broadband.
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Tele Columbus Group, Germany’s third-biggest cable company, is reviving its search for a buyer to tap demand for cable assets in Europe’s largest economy, according to three people familiar with the matter.
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Virgin Media Inc., the U.K. pay-TV provider being bought by John Malone’s Liberty Global Inc., said first-quarter operating profit rose 7.9 percent as it added more high-speed Internet customers.
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John Malone’s Liberty Global Inc. is considering a takeover bid for Kabel Deutschland Holding AG, the cable provider that’s also a takeover target for Vodafone Group Plc, two people familiar with the matter said.
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