Liberty Global Plc (LBTYA) co-Chief Financial Officer Charles Bracken said that regulators would probably give their permission if Vodafone Group Plc (VOD) tries to buy its German business.

I think they would approve it, Bracken told a small group of attendees yesterday after an investor presentation in Barcelona. If Vodafone were to make an offer, it would be up to Liberty Globals billionaire Chairman John Malone to decide whether he wants to sell, he said. Vodafone and Liberty Global own the two biggest cable operators in Germany.

We got a good thing going here, we reckon we can drive this thing with a reasonably high share, Bracken said, referring to Liberty Globals European business. On that basis there is no reason to abandon ship, but its up to John.

Vodafone has stepped into European cable operations, snapping up Germanys largest operator, Kabel Deutschland Holding AG, and Grupo Corporativo Ono SA of Spain for about 15 billion euros ($18.6 billion) in the past two years. Chief Executive Officer Vittorio Colao, when asked in September whether Liberty Global would be a good fit for the wireless carrier, said he would consider it for the right price.

Liberty Global has a market value of about $35 billion, compared with $95 billion for Vodafone.

Chief executive officer of Vodafone Group Plc, Vittorio Colao, when asked in September whether Liberty Global would be a good fit for the wireless carrier, said he would consider it "for the right price." Close

Chief executive officer of Vodafone Group Plc, Vittorio Colao, when asked in September... Read More

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Chief executive officer of Vodafone Group Plc, Vittorio Colao, when asked in September whether Liberty Global would be a good fit for the wireless carrier, said he would consider it "for the right price."

Ben Padovan, a spokesman for Newbury, England-based Vodafone, declined to comment whether the company is interested in Liberty Globals assets. Marcus Smith, a Liberty Global spokesman, declined to comment beyond Brackens remarks.

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