Warburg, Cinven Said to Weigh Delaying Ziggo IPO to Next Year
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Warburg Pincus LLC and Cinven Ltd., co-owners of Ziggo BV, may delay the cable-television company’s initial public offering to next year as global markets slump, said two people with knowledge of the matter.
No decision has been made, said the people, who declined to be identified as the process is private. The buyout firms had planned to sell 25 percent to 50 percent of the Dutch company in an IPO this year for as much as 1.5 billion euros ($2.1 billion), people with knowledge of the matter said in April.