KDG ready for ?880m IPO (11 - 03 - 2010)

Providence Equity Partners is planning to raise ?880 million from the IPO of Kabel Deutschland.
The price range of between ?21.50 and ?22.50 per share places a valuation on Germany?s largest cable network less than would have been realised by last month?s rejected buy out bids.
Up to 30 million shares are to be sold out of [...]



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