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Freenet threatens to derail $6.4 billion Sunrise-UPC deal

FILE PHOTO: The company's logo is pictured at a shop of Swiss telecoms company Sunrise in
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FRANKFURT (Reuters) - German telecoms group Freenet fired off a salvo of demands on Friday to cut the price and amend the terms of Sunrise Communication's proposed 6.3 billion Swiss franc (5.3 billion pounds) takeover of Liberty Global's Swiss unit UPC.The broadside from Sunrise's largest shareholder raises the stakes in a poker game that began in April, when Freenet blocked Sunrise's plans to..
Date Published: Aug 16, 2019
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