EQT considering exit of German cable company

EQT, a Swedish private equity firm, is trying to off-load German cable operator Kabel Baden-Wuerttemberg, either by a sale or a public listing, according to Reuters. EQT bought Kabel BW from Blackstone in April 2006 for about 1.3 billion euros ($1.8 billion). It has pumped a further 500 million euros ($696.2 million) in network expansion.

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