EQT looking to float Kabel BW

Media reports state that EQT wants to realise a minimum of €3m through an IPO. According to Kabel BW, the listing is expected for the first half of 2011.

The shares will be issued in several tranches in order to benefit from increasing stock market value. Joint global coordinators will be Deutsche Bank, JP Morgan, Merrill Lynch and The Royal Bank of Scotland.

Since its acquisition by EQT in 2006, Kabel BW has been able to increase its cable network services.

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