Liberty Completes $4 Billion KBW Buy

Liberty Global has consummated the purchase of Kabel BW GmbH, the third largest cable TV operator in Germany, in accordance with the terms of its previously announced acquisition agreement. KBW provides television, broadband Internet and telephony services in...

Liberty Global has consummated the purchase of Kabel BW GmbH, the third largest cable TV operator in Germany, in accordance with the terms of its previously announced acquisition agreement.

KBW provides television, broadband Internet and telephony services in the German federal state of Baden-Württemberg. As of Sept. 30, KBW’s network served 2.4 million customers who subscribed to 3.8 million video, telephony and broadband internet services. The consideration paid by Liberty Global to acquire KBW was based on an agreed upon enterprise value of €3.16 billion ($4.10 billion).
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