Liberty Global plc – Class A Ordinary Shares (LBTYA) 6.4% Stake Buy In ITV Plc Indicates Future Takeover Plans

Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) new 6.4% stake in ITV Plc gave way to speculations that the company might completely acquire ITV. With the new buzz in, CNBC took views from Liberum Capital media analyst, Ian Whittaker, over the latest development and the broader consolidation in the media industry.

Liberty Global Inc

Whittaker believes that the stake buy by Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) could point out to an eventual acquisition at some point of time, but he does not see it happening anytime soon. More than that, he believes that the stake buyout is a way to send out signal to potential parties, which wish to buy ITV that they have a strong contender with the new Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA)’s stake.

The stake buy adds to its another buyout in the U.K., Virgin Media Inc. (NASDAQ:VMED), which was acquired earlier last year. Thus, the deal points out that the European region is an important area for Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA).

“You look at the deals they have done over the past eighteen months to two years. They have bought cable assets in several European countries. In the U.K. they have Virgin Media, which is essentially the only cable operator in this market,” Whittaker said.

But according to him, one of the interesting difference is that Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) previous deals were based on infrastructure, but its stake in ITV is more about content.

According to Whittaker “there is a wide degree of consolidation both on the infrastructure side and on the content side as well” in the media space. Also, Whittaker said that the U.S. media groups are now increasingly targeting U.K. media companies, citing two big deals from the past four months,  Channel 5 by Viacom, Inc. (NASDAQ:VIAB) and Discovery Communications Inc. (NASDAQ:DISCA) by Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA).


Disclosure: none

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!