Telenet sparks merger talk after ruling out shareholder payout

By Philip Blenkinsop BRUSSELS (Reuters) - Belgian cable and telecoms group Telenet has ruled out further payouts to shareholders this year, sparking speculation it may be preparing to acquire one of its Belgian rivals and sending its shares sharply lower. The market had been expecting a dividend of 4.50 euros, according to the SmartEstimate of Thomson Reuters StarMine, which weights analyst estimates according to their previous accuracy. ...



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