Three out of three as Ziggo increases again with €916m block sale

Three deals, three increases due to high demand — and the private equity sponsors of Dutch cable operator Ziggo have sold 63% of the company in a fraction longer than six months. As with a first post-IPO accelerated sell-down a few months ago, the vendors added an extra bank to the joint bookrunner group, this time bringing in ABN Amro to deepen penetration of the domestic investor base.