Goldman Sachs and JP Morgan, which own stakes in Switzerland's Cablecom, today won advisory roles on the company's Sfr2.8bn (€1.8bn) sale to Liberty Global of the US. The Swiss cable company immediately cancelled its initial public offering.

Goldman Sachs, which together with US buy-out firms Apollo Management and Tower Brook Capital Partners owns 53% of Cablecom, is adviser to Cablecom on the all-cash sale to Liberty Global.