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Liberty Kabel BW purchase faces probe

May 18, 2011 10.05 Europe/London By Julian Clover

The European Commission has confirmed that a national competition commission has asked for jurisdiction over Liberty Global’s plans to purchase Kabel BW. The most likely candidate is the German federal cartel office (Bundeskartellamt), though no confirmation has so far been forthcoming.

Liberty Global announced in March it will acquire Kabel BW, from the Swedish investment company EQT through a series of transactions for a total consideration of approximately €3.16 billion.

It already owns Germany’s second largest cable operator Unitymedia.

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Filed Under: Finance, Newsline Edited: 18 May 2011 10:05

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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