Welcome to Satlover forums, full of great people, ideas and excitement.

Please register if you would like to take part. link..

Register Now

Alert: Don't Use Hotmail Email Accounts for registration


Before Access to all Forums and Trial accounts you must need to activate your account Email address

KDG ownership in play

  • Time
  • Show
Clear All
new posts
  • khurramdar
    • Jan 2010
    • 138

    KDG ownership in play

    KDG ownership in play

    By Julian Clover
    February 10, 2010 10.13 UK

    Private equity companies are said to have posted bids that value Kabel Deutschland at €5 billion, while Germany’s largest cable operator continues to make preparations for an IPO, which could still take place before Easter.

    Advent, Bain Capital, BC Partners, CVC Capital Partners and Carlyle have all been named locally as potential suitors with bids being submitted yesterday. The UK telecoms company Vodafone, which already has a 3.7 million-subscriber DSL business, has also been linked with a bid but has denied an interest.

    It is thought that BC Partners will bid without Apollo, its former partner in Unitymedia, sold to Liberty Global before Christmas for €3.65 million. Liberty could itself enter the fray, competition issues not withstanding, following comments in Het Financieele Dagblad by Mike Fries that the UPC owner had a $3 billion warchest to invest, potentially in the Dutch and German markets. Liberty had earlier been linked with Kabel BW.

    Kabel Deutschland is currently 88% owned by Providence Equity Partners.