Liberty Global, the international cable group chaired by John Malone, moved closer on Thursday to sealing a €3.5bn ($5bn) deal to acquire Unitymedia, Germany’s second-largest cable TV company, which has been preparing an IPO for almost a year. Unitymedia, advised by UBS and Morgan Stanley, was to file its intention to float on Thursday but was pre-empted by Malone. A deal could be announced as early as Friday morning.

This entry was posted by Gwen Robinson on Friday, November 13th, 2009 at 4:47 and is filed under Capital markets, M&A, People. Tagged with Liberty Global, Unitymedia. Edit this entry.