Banks are expected to be invited to pitch for a role in the floatation of Kabel Deutschland (KDG) in Frankfurt within the next two weeks, according to reports.
Providence Equity Partners, which owns the cable operator is understood to be planning to list…
Banks are expected to be invited to pitch for a role in the floatation of Kabel Deutschland (KDG) in Frankfurt within the next two weeks, according to reports.
Providence Equity Partners, which owns the cable operator is understood to be planning to list between 25% to 50% of the company, which is valued at E5.5bn.
A number of TelecomFinance sources mentioned last year that KDG was an IPO candidate for early 2010.