Ziggo plans Amsterdam listing, paper says

29 Feb 2012

Dutch cable TV and broadband internet provider Ziggo (Zesko Holding) is planning to list on the Amsterdam bourse, although no date for the listing has been set, the Financieele Dagblad reports citing sources familiar with the situation. The cableco’s owners, private equity firms Warburg Pincus and Cinven, expect to raise EUR1 billion (USD1.34 billion) from the sale of the Netherlands’ biggest cableco by subscribers. Formed through the merger of Casema, Multikabel and Essent Kabelcom, Ziggo has an estimated valuation of between EUR7 billion and EUR8 billion, including EUR3.2 billion of debt.