Ziggo picks March 21 for IPO, hopes to raise up to €745

Ziggo will list on the Amsterdam stock exchange on March 21 and hopes to raise €745m from selling up to 20.125% of its shares, the cable company said on Friday.

The company will issue 35 million shares with a price of between €16.50 and €18.50 each. Ziggo is owned by venture capital groups Cinven and Warburg Pincus.
Ziggo is the biggest cable television firm in the country with some three million subscribers. It was formed between 2005 and 2007 through the merger of Casema, Multikabel and Essent Kabelcom.

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