28.01.2014 19:58:00
|
Ziggo N.V. -- Moody's places Ziggo's ratings (CFR at Ba1) under review for downgrade
London, 28 January 2014 -- Moody's today placed all ratings of Ziggo N.V. ('Ziggo', 'the company') and its rated subsidiaries under review for downgrade. This follows the announcement that Ziggo and Liberty Global plc ('Liberty Global'; CFR at Ba3) have reached a conditional agreement pursuant to which Liberty Global, through a wholly-owned subsidiary, will acquire full ownership of the company, in which it currently owns an equity stake of 28.5%.