Liberty Global Ltd. has approached Vodafone Group Plc for a potential acquisition of its stake in their Dutch joint venture VodafoneZiggo, according to people familiar with the matter. Any transaction may value Vodafone’s stake at more than $2.2 billion. If successful, Liberty Global could merge Vodafone Group with its Belgian cable company, Telenet, to create a large Benelux operator. Liberty Global and Vodafone created fixed and mobile operator VodafoneZiggo as a joint venture in 2016 with both companies holding 50% stakes.
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