Kabel BW bows out of IPO running

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Kabel BW bows out of IPO running

EQT on Monday accepted a Eu3.16bn offer for Kabel Baden-Wurttemberg, the German cable firm for which it was running a dual-track sale process, leaving the pre-Easter IPO calendar looking increasingly bare. However, bankers are still hopeful that new deals could be launched as soon as Tuesday.

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