Sunrise takeover of Liberty Global unit underneath overview by competitors authorities By –

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© -. Swiss telecom firm Sunrise’s emblem is seen at an workplace constructing in Zurich

ZURICH (-) – Sunrise Communications on Monday mentioned the Swiss competitors authorities have determined to “look at intimately” its deliberate $6.three billion takeover of Liberty Global’s Swiss UPC cable enterprise.

Sunrise mentioned they anticipated the overview, including it anticipated the deal to be accepted, saying “the takeover of UPC Switzerland will intensify competitors within the telecommunications market.”

Sunrise mentioned it anticipated a choice by the start of October 2019 on the newest and anticipated finishing the deal within the fourth quarter.

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