Liberty Global is exploring the sale of a stake in Sunrise, Switzerland’s second-largest telecom provider, ahead of a planned spin-off later this year, Reuters news report said. Discussions have been held with various investors, including Swiss family offices.
In February, Liberty Global, founded by U.S. cable pioneer John Malone, announced its intention to spin off Sunrise to shareholders on the SIX Swiss Exchange in the second half of the year. By early May, the company confirmed that the spin-off was on schedule for the fourth…
