Ziggo IPO shelved
June 10, 2011
Dutch cable operator Ziggo has put an initial public offering (IPO) on hold, reportedly due to volatile equity markets. Ziggo hired Morgan Stanley, JP Morgan Chase, Deutsche Bank and UBS at the beginning of April to handle an IPO but no decision has yet been made on when to launch the process.
It is also possible that the IPO could be scrapped altogether.
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