wer sie noch nicht kennt (alle die die verkaufen)
" The Associated Press
Mar 23, 2006 8:05 AM (13 days ago)
DENVER - Liberty Global Inc. on Thursday said it agreed to sell its French cable business, UPC France SA, for about 1.25 billion euros ($1.51 billion) in cash to two private equity firms.
The Englewood, Colo.-based company, which was formed last year through the merger of cable operators Liberty Media International and UnitedGlobalCom, said the agreement with Altice and Cinven is in line with its strategy to exit underperforming markets.
The selling price represents a multiple of about 11.4 times UPC France\'s 2005 operating cash flow excluding corporate overhead, the company said. The deal would assume zero net debt when it\'s completed, and price adjustments are not expected.
In December, Liberty Global agreed to sell its Norwegian cable business, UPC Norway, to European private equity firm Candover Partners Ltd. for about $540 million.
"Together with the sale of our Norwegian asset, we are exiting sub-scale markets tax-efficiently and at attractive prices, with the intention of refocusing that capital on existing or new markets that offer greater long-term growth and stability," said Mike Fries, Liberty Global president and chief executive, in a statement.
The company said the French deal requires a definitive agreement, completed due diligence and financing, which are expected in the second quarter. The agreement will then require regulatory approval.
Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed."
460 Millionen $ für 290.000 Kunden. Und Primacom soll gerade mal 100 Millionen MK haben? das ich nicht lache |
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