Warburg, Cinven Seek To Defer IPO Launch

Warburg Pincus and Cinven are considering postponing the initial public offering of cable-television company Ziggo.

Warburg Pincus and Cinven are considering postponing the initial public offering (IPO) of cable-television company Ziggo, Bloomberg reports. The decision follows the slump in the global market. The buyout firms had planned to sell 25 percent to 50 percent of the Dutch company for about $2.1 billion. The co-owners of Netherlands-based cable operator may launch the IPO next year.

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