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Kabel Deutschland set for Â5.3bn price tag
German cable operator Kabel Deutschland is likely set to be priced at Â5.3bn when it launches its IPO next week, according to reports.
The cabler will likely set a subscription price of between Â21.50 and Â25.50 for its 30 million shares. The company, which has 8.9 million subscribers, will float on the Frankfurt stock exchange on March 22.