M&A
confidence high
sentiment neutral
materiality 0.50
Liberty Global closes VodafoneZiggo buy; VodafoneZiggo FY2025 net loss €296.5M
Liberty Global Ltd.
- Completed acquisition of Vodafone's 50% VodafoneZiggo stake on July 31, 2026; Vodafone received ~€1.0B cash and 10% equity in Ziggo Group.
- VodafoneZiggo FY2025 revenue €3,999.0M, down from €4,113.8M in 2024; operating profit fell to €120.3M from €305.7M.
- VodafoneZiggo FY2025 net loss €296.5M vs €244.5M loss in 2024; equity distributions to shareholders totaled €123.0M.
- VodafoneZiggo total debt €12.39B (€11,387.0M non-current plus €999.6M current); year-end cash fell to €178.9M from €745.2M.
- VodafoneZiggo FY2025 operating cash flow €1,076.2M; capex €411.3M; cash paid for interest €719.7M.