NTL receives 15 offers for broadcast unit

12 Oct 2004

UK cable company NTL has revealed that at least 15 companies – including Australia’s Macquarie Bank, Apax Partners, US-based Kohlberg Kravis Roberts and Terra Frima – have submitted offers for its TV and radio broadcasting subsidiary NTL Broadcast. NTL expects the sale to generate around GBP1.2 billion.

United Kingdom, Virgin Media