Multikabel's value increases rapidly after Dutch cable auction

Tuesday 18 July 2006 at 16:00

Warburg Pincus, a buyout firm, has revealed a near 50% increase in the value of its Dutch cable operation, Multikabel, in less than a year.

Warburg Pincus' Multikabel is now worth €750m ($938.5m) compared with the €515m it paid German TV operator Primacom for the company in October.