Providence's ProvEquity taking cable operator public

Providence Equity Partners is preparing to take public Germany’s biggest cable television operator, a shift from the equity firm’s initial plans to sell Kabel Deutschland GmbH, according to news reports.


Providence-based ProvEquity changed its plans because the firm believes listing Kabel Deutschland on a stock exchange will lead to a higher valuation, Reutersreported, citing two unnamed sources.

Providence-based ProvEquity changed its plans because the firm believes listing Kabel Deutschland on a stock exchange will lead to a higher valuation, Reutersreported, citing two unnamed sources.

Full Story: ProvEquity taking cable operator public Source: Providence Business News, February 23rd, 2010

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