Liberty Global has reached an agreement to sell UPC Slovakia to O2 Slovakia, an affiliate of e&PPF Telecom, for a total transaction value of approximately €95 million ($110 million).

The sale price represents a multiple of approximately 7x UPC Slovakia’s estimated 2025 Adjusted EBITDA*, or approximately 15x UPC Slovakia’s estimated 2025 Adjusted EBITDA less P&E Additions*. Closing of the transaction remains subject to regulatory approval and customary closing conditions.

UPC Slovakia is one of the largest providers of TV, broadband and telephony services in the Slovak Republic, serving more than 600.000 households in 80 cities with internet speeds of up to 2.5 Gbps.