Barclays lands Ziggo role as accelerated deals continue apace

UK bank wins first mandate from Dutch cable operator as private equity backers trim stakes further

The private equity backers of Ziggo have for the first time picked Barclays to run the latest sale of part of their stake in the Dutch cable operator, which they floated a year ago, in what is set to be one of the largest accelerated bookbuild deals in Europe this year.

Ziggo raised €925m in late March last year in a Euronext flotation by its owners Cinven and Warburg Pincus, which have since reduced their stake twice through further share sales.

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