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Tele Columbus to raise EUR 300 mln in IPO in H1

Friday 2 January 2015 | 12:11 CET | News
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Germany's third largest cable operator, Tele Columbus, expects to launch an initial public offering (IPO) in the first half of 2015, according to news agency dpa-AFX. The company said it plans to raise approximately EUR 300 million, chiefly to reduce its debt in order to enable investments in growth. There will also be a greenshoe option. Tele Columbus has approximately 1.7 million households connected to its network. 

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Categories: Fixed
Companies: Tele Columbus
Countries: Germany
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