Published by Global Banking & Finance Review®
Posted on February 18, 2026
2 min readLast updated: February 18, 2026
Vodafone plans to sell its 50% stake in VodafoneZiggo to Liberty Global for $1.18 billion, impacting its financials.
LONDON, Feb 18 (Reuters) - Vodafone said on Wednesday it would sell its 50% stake in Dutch joint-venture VodafoneZiggo to its partner Liberty Global for 1 billion euros ($1.18 billion) in cash and a 10% stake in a new enlarged Benelux telecoms group.
Liberty Global will own 90% of the new Ziggo Group, which will bring together its Belgian operator Telenet with VodafoneZiggo. It said it planned to spin off Ziggo Group and list it on Euronext in Amsterdam in 2027.
Shares in Vodafone rose 4% after the deal was announced on Wednesday.
Vodafone and Liberty Global brought together their mobile and fixed-line networks nearly a decade ago in a stronger competitor to KPN.
Vodafone's Chief Executive Margherita Della Valle said the deal had been agreed at an attractive valuation.
"This transaction delivers 1 billion euros in cash to Vodafone, and we have the potential for further value creation through our 10% stake in Ziggo Group, a business with greater scale," she said on Wednesday.
($1 = 0.8447 euros)
(Reporting by Raechel Thankam Job in Bengaluru and Paul Sandle in London; Editing by Mrigank Dhaniwala and William James)
A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or business activity, sharing profits, losses, and control.
A stake in a company refers to the ownership interest that an individual or entity has in that company, typically represented by shares of stock.
Capital gain is the profit earned from the sale of an asset, such as stocks or real estate, when the selling price exceeds the purchase price.
Market capitalization is the total market value of a company's outstanding shares of stock, calculated by multiplying the share price by the total number of shares.
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