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General

Ziggo share offering brings in EUR 915 mln

Thursday 25 October 2012 | 13:57 CET | News
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Ziggo said that major shareholders Cinven and Warburg Pincus have successfully placed 37 million Ziggo shares at price EUR 24.75 per share, resulting in gross cash proceeds of EUR 915.75 million. There is still the over-allotment option for up to an additional 3 million shares. Cinven, Warburg Pincus and their co-investors have agreed not to dispose of any further Ziggo shares for 90 days following the completion of the transaction, subject to the customary exceptions.

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Categories: General
Companies: Ziggo
Countries: Netherlands
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