Deals
Malone’s Liberty Is Said to Mull $690 Million Belgian Tower Sale
- Telecom operator working with Goldman Sachs on potential sale
- Liberty Global’s Telenet unit could divest about 3,000 towers
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Liberty Global Plc, the broadband provider backed by billionaire John Malone, is considering a sale of Belgian towers that could fetch at least 600 million euros ($690 million), people familiar with the matter said.
The company’s Telenet unit is working with Goldman Sachs Group Inc. on the potential divestment, the people said, asking not to be identified discussing confidential information. The portfolio consists of about 3,000 towers, the people said.