Kabel Deutschland to acquire KBW and Iesy

23 Jan 2004

Germany’s largest cable company, Kabel Deutschland, has revealed plans to purchase two of its smaller rivals, Kabel Baden-Wuerttemberg and Iesy. Kabel Deutschland’s parents, Goldman Sachs, Apax and Priovidence, will purchase the shares from investment firms Blackstone and Apollo, which own the two smaller operators.