Virgin Media Set for Private Equity Buyout ; City Focus

Daily MailJuly 03, 2007

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Summary


BATTERED for its greed and secrecy, the private equity industry could turn out to be an unlikely saviour for cable group Virgin Media.

After all, three years in private hands before the inevitable 'flip' back onto public markets would equate to a lengthy period of calm for a company that has been through more regenerations than

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Virgin Media Set for Private Equity Buyout ; City Focus

The former NTL-Telewest is hoisting a 'for sale' sign barely five months after re-emerging as Virgin Media, accompanied by promises of better customer service and programming.

It is early days, but so far progr...

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