Blackrock takes stake in Euskaltel

Private-equity group Blackrock has acquired a 3.6% stake in Basque Country cable operator Euskaltel, which successfully debuted on the Bilbao stock market last week. Euskaltel’s other key investors remain regional bank Kutxaband, with a 30.1% stake and Corporación Financiera Alba, with 8%. Following its IPO on Wednesday, with shares priced at €9.50, in the middle […]

Carlyle reportedly looking at Telecable sale

Private equity outfit Carlyle could sell its controlling stake in Spanish regional cable operator Telecable, according to press reports. According to Reuters, citing two sources with knowledge of the matter, Carlyle has hired Goldman Sachs to advise on a possible sale of its 85% stake in the operator, which runs networks in the Asturias region […]

Sundance Channel signs Spain and Romania deals

Sundance Channel is expanding its European distribution after parent company AMC/Sundance Channel Global signed deals in Spain and Romania. The general entertainment channel has launched in HD on Spanish cable platform Euskaltel as part of the TVD100 package and in standard definition and HD on UPC Romania’s network in the Digital Maxim HD and Digital […]

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