The Bundeskartelamt, the German monopoly commission, has said it is extending its review in the takeover of cabler KabelBW by Liberty Global until December 15.
According to local press reports, Liberty Global has submitted a remedial offer to win its approval for the proposed takeover of the cable network. The investigation was originally scheduled to end on November 11.
Liberty Global signed a deal to buy KabelBW in March this year, from Swedish buyout firm EQT, for €3.16 billion.
With the acquisition, Liberty Global would acquire the second of the former Deutsche Telekom cable networks. Last year, the operator acquired Unitymedia.
In June, the European Commission asked its German counterpart to review the deal as it felt that it would be in a better position to probe the possible harmful effect of the deal in the country.
There are two issues with the takeover: one is the area of free-TV services for housing associations, where contracts with tenants are negotiated collectively, and the second the wholesale supply of TV signal transmission services.
Meanwhile, Kabel Deutschland, the third of the former DT networks, has said that it will not open up its network to third party providers.
