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Rumours of a Kabel Deutschland IPO

 

Germany's largest cable company, Kabel Deutschland (KDG), may eventually get listed in an IPO. That is what traders are speculating after its current owner has been unable to sell the company to other private equity shops. The CDS had earlier fallen as low as 370 bps as BusinessWeek reported, however, it has since crept back upwards and now sitting around 390 bps (which is still about 10bps tighter than last week).







Disclosure: long all stocks