International law firm Freshfields Bruckhaus Deringer is advising Ziggo NV, the biggest cable operator in the Netherlands, on the public offer by Liberty Global Plc to acquire Ziggo NV in a stock and cash transaction, valuing Ziggo’s enterprise value at approximately €10.0 billion.
The combination will create a world leader in the cable industry sector. The transaction will be recommended by the boards of Ziggo and will be subject to customary commencement and offer conditions.
Freshfields partner Jan Willem van der Staay commented, ‘We advised Ziggo on its successful IPO in 2012. This is again a complicated transaction, with an offer consideration partly consisting of Liberty Global shares and a simultaneous refinancing of Ziggo. Ziggo’s management and staff have substantially contributed to the development of the business. It is a privilege for us to work with them on such a transformational deal.’
Jan Willem is leading the team alongside competition partner Winfred Knibbeler. They are supported by fellow partners Robert ten Have (corporate), Thijs Flokstra (finance) and Brechje Nollen (employment), all based in Amsterdam.
