Liberty Global Ltd. (NasdaqGS:LBTY.A) agreed to acquire an additional unknown minority stake in Formula E Operations Limited from Warner Bros. Discovery, Inc. (NasdaqGS:WBD) on June 13, 2024. After completion of transaction, Liberty Global will hold 65% stake in Formula E. The transaction is subject to approval by regulatory board / committee.

The transaction is expected to complete before year end.