BAC

Liberty Global to sell Eastern Europe DTH operations to M7

Dec 21 (Reuters) - Broadband provider Liberty Global plc said on Friday that it would sell its DTH satellite TV operations to M7 Group for a total enterprise value of about 180 million euros ($206.41 million) on a U.S. GAAP basis.

Liberty Global's DTH satellite TV operations serve four east European markets - Hungary, Czech Republic, Slovakia and Romania, the company said in a statement.

Merrill Lynch International, a subsidiary of Bank of America Corp, is acting as financial advisor to Liberty Global on the transaction, it added.

($1 = 0.8721 euros)


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