Ziggo owners delay IPO - report

Warburg Pincus and Cinven, the co-owners of Dutch cable operator Ziggo, may delay the company's initial public offering to next year as global markets slump, two people with knowledge of the matter told Bloomberg. No decision has been made, said the sources. The buyout firms had planned to sell 25-50 percent of the Dutch company in an IPO this year for as much as EUR 1.5 billion. A spokesman for Ziggo said no decision has been taken yet about the IPO.