Advanced Television

Ziggo set for Amsterdam stock exchange listing

February 29, 2012

Dutch cable television firm Ziggo plans to list on the Amsterdam stock exchange, but a date has not yet been set.

Ziggo, currently owned by private equity firms, is the biggest cable television firm in Holland with some three million subscribers. It was formed between 2005 and 2007 through the merger of Casema, Multikabel and Essent Kabelcom.

Chief executive Bernard Dijkhuizen said in a statement an IPO is the “next logical step”, considering recent investments in both the cable network and developing new products such as broadband and telephony.

There had been speculation Liberty Global, owner of Dutch cable firm UPC, would mount a takeover bid for Ziggo.

Categories: Articles, Business, Cable, Funding