Liberty Global to Acquire Vodafone’s Stake in VodafoneZiggo

The latest announcement is out from Liberty Global A ( (LBTYA) ).

On February 18, 2026, Liberty Global Ltd. announced a definitive agreement to acquire Vodafone Group’s 50% stake in their Dutch joint venture VodafoneZiggo for €1.0 billion in cash and a 10% equity interest in a new Benelux holding company, Ziggo Group. Ziggo Group will own Liberty Global’s interests in VodafoneZiggo in the Netherlands and Telenet in Belgium, while both operating companies retain their brands and capital structures under existing management teams.

The deal is designed to create a regional telecommunications powerhouse in the Benelux region with strong free‑cash‑flow potential, targeting combined adjusted free cash flow of about €500 million by 2028 and synergies valued at roughly €1 billion net of integration costs. Liberty Global plans to list Ziggo Group on Euronext Amsterdam in 2027 and ultimately spin off 90% of its stake to Liberty Global shareholders, with the acquisition expected to close in the second half of 2026 subject to regulatory and shareholder approvals.

The most recent analyst rating on (LBTYA) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Liberty Global A stock, see the LBTYA Stock Forecast page.

Spark’s Take on LBTYA Stock

According to Spark, TipRanks’ AI Analyst, LBTYA is a Neutral.

The score is held back primarily by weak TTM profitability (large net loss and negative ROE) despite strong revenue growth and solid free cash flow. Technicals are slightly supportive but not strong, while valuation is difficult to justify with a negative P/E. The latest earnings call adds a modest positive tilt due to strategic transactions, cost cuts and refinancing progress, partially offset by cautious 2026 operating guidance.

To see Spark’s full report on LBTYA stock, click here.

More about Liberty Global A

Liberty Global Ltd. is an international converged connectivity and investment company operating through three platforms: Liberty Telecom, Liberty Growth and Liberty Services. Liberty Telecom provides around 80 million fixed and mobile connections across Europe via advanced fiber and 5G networks, generating $21.6 billion in aggregate revenue from consolidated operations and nonconsolidated joint ventures.

Liberty Growth holds a portfolio of roughly 70 technology, media, sports and infrastructure investments valued at $3.4 billion as of December 31, 2025. Liberty Services supplies technology, operational and financial services to Liberty-affiliated and third‑party clients, producing about $700 million in annual revenue and supporting the group’s long‑term shareholder value strategy.

Average Trading Volume: 2,215,794

Technical Sentiment Signal: Buy

Current Market Cap: $3.7B

Find detailed analytics on LBTYA stock on TipRanks’ Stock Analysis page.