Com Hem could join IPO crowd

January 24, 2014 10.40 Europe/London By Julian Clover

comhem_juditCom Hem seems likely to join the wave of cablenet’s entering the market with the possibility of an initial public offering.

Bloomberg quoted sources as saying preliminary talks had been held between Sweden’s largest cablenet and its London-based private equity owner BC Partners.

The talks are said to be at an early stage and no decision has been reached.

Last December, the Swedish cablenet named former Virgin Media COO Andrew Barron as its executive chairman.

Barron is working with outgoing CEO Tomas Franzén in the company’s ongoing operations and seek a replacement for Franzén who is leaving the company at the end of 2014.