Ziggo Owners Said to Seek as Much as $2.1 Billion in IPO

Ziggo BV’s owners may seek to raise as much as 1.5 billion euros ($2.1 billion) in an initial public offering of the Dutch cable-television company, said two people with knowledge of the matter.

Ziggo, controlled by private-equity firms Cinven Ltd. and Warburg Pincus LLC, may sell 25 percent to 50 percent of the company in a share sale, the people said, declining to be named because the talks are confidential. The company has an equity value of about 3 billion euros and a total value of 7 billion euros including debt, said the people.