Europe's Largest Buyout Deal?

As Britain's first 'quadruple play' for telecom and video services, NTL is a hot private equity target

It could be the biggest buyout in European history. After a failed takeover attempt last year, a consortium of private equity players hopes it will score in its latest attempt to secure Britain's largest cable company, NTL, in a record $20 billion deal. Led by Rhode Island-based Providence Equity, the consortium includes U.S. private equity firms Blackstone and Kohlberg Kravis Roberts & Bain, and Britain's Cinven, according to sources close to the talks.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.