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Where will Liberty Global strike next: Germany or the Netherlands?

Wednesday 2 February 2011 | 09:02 CET | Author: Tim Poulus | Market Commentary
According to market rumors, Kabel Deutschland (KDG) and Liberty Global are bidding for Kabel Baden-Wuerttemberg (KBW). EQT, the private equity investment vehicle of the Swedish Wallenberg family, would not only be open to an IPO, but also consider a sale. For KDG as well as Liberty, which already owns Unitymedia, this acquisition could strengthen their market positions considerably, but also private quity parties would be interested. The next bidding round would be on February 16 and the owners are reportedly looking for EUR 2.5 to 3.0 billion. In addition, Numericable (owned by Carlyle,

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Categories: Fixed
Companies: Altice Europe / Kabel Deutschland / Liberty Global / Telenet / Unitymedia / Ziggo
Countries: Belgium / Germany / Netherlands
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