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Liberty Global Inc. LBTY.O is preparing to make a bid which could thwart a possible IPO of Dutch cable operator Ziggo the Financial Times reports on Saturday citing, Liberty Global’s chief strategy officer.

On Friday Reuters reported Ziggo owners, private equity firms Cinven [CINV.UL] and Warburg Pincus [WP.UL] had hired STJ Advisors to prepare for a floatation of Ziggo, that could value the biggest Dutch cable operator at around 7 billion euros.

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