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KDG plans to pay dividend despite acquisition plans

German cable operator Kabel Deutschland (KDG) plans to pay a dividend next year despite planning to make further acquisitions, according to a German press report.

KDG chief financial officer Paul Thomasen told daily newspaper Börsen-Zeitung that he was confident that KDG would be able to grow and reduce its debts and would be able to continue paying a dividend. Thomasen also said that KDG was interested in acquiring Mainz-based operator PrimaCom, which recently narrowly avoided bankruptcy.