A host of private equity players are set to bid for German cabler Kabel Deutschland within weeks. News wire reports suggest that Advent, Carlyle, CVC Capital and BC Partners are among the interested parties. The cabler is currently owned by another private equity company, Providence.
Credit ratings agency Moodys noted that, having acquired the subscribers of rival cabler Orion last year, Kabel Deutschland is likely to be at the forefront of consolidation in the German cable sector. ÂA bid for Kabel Deutschland could be worth Â5bn, which would make it the biggest leverage buyout in Europe since before the credit crisis,Â MoodyÂs noted.
German smart TV sales up 14% says @gfk digitaltveurope.com/2020/10/23/ger…
23 October 2020 @ 09:29:38 UTC