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

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!