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Liberty Global said the sale of VodafoneZiggo’s passive tower assets has received European Commission clearance, with closing anticipated by year-end. Proceeds are earmarked for VodafoneZiggo deleveraging.
VodafoneZiggo is selling its passive tower assets to a consortium led by DigitalBridge, TD Greystone Infrastructure, and L&G. EU Commission clearance removes a key closing condition; the parties still expect completion by year-end. Total consideration is EUR 669 million; proceeds are earmarked to reduce leverage at Vod