Simpson Thacher Represents Blackstone in Sale of Kabel BW Holdings GmbH
04.27.06
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On April 26, 2006, affiliates of Blackstone and CDPQ signed an agreement with affiliates of EQT for the sale of Kabel BW Holdings GmbH (“Kabel BW”). Kabel BW, with more than 2.3 million subscribers, is one of Germany’s largest cable operators, offering digital cable television, broadband internet and telephony services in the Baden-Württemberg region of Germany.
The sale is subject to approval from the German competition authority.
The Simpson Thacher team included Michael Wolfson and Bart Gombert (M&A), Euan Gorrie (Financing), Ben Garcia (High Yield) and Gary Mandel and Meredith Jones (tax).