| Updated:
Ziggo set for expected IPO filing this week
DUTCH cable-television company Ziggo is expected to file for its IPO today or later this week and could be looking to raise up to €800m (£677.4m) from the sale of 15 to 20 per cent of the company.
Some think the float could make more than €1bn, making it the biggest IPO in Western Europe since Spanish’s Bankia floated for €3.27bn in July.
A Ziggo spokesperson said: “No decision has been made on an IPO, but the company will make sure it is prepared should that decision be made.”
Expected to price on 14 March, the IPO is being led by JP Morgan and Morgan Stanley, with Deutsche Bank and UBS as joint bookrunners.