Callahan’s partners

When in February 2000 Callahan bought a 55 per cent stake of North Rhine Westphalia’s cable network from Deutsche Telekom, it was supported in this transaction by Blackstone Capital Partners III and Capital Communications CDPQ. Other investors included Bank of America, Banco Santander Centro Hispano, The Edward P Bass Group, Angelo Gordon, CIBC, Investcorp, Merrill Lynch and Multitel Cable.

Salomon Smith Barney acted as lead adviser to Callahan in this transaction as it was later to do when in May 2000 Callahan acquired a 55 per cent of Baden Wurttemberg cable network from Deutsche Telekom. Callahan was supported in the Baden Wurttemberg transaction by Blackstone Capital Partners III and Capital Communications CDPQ. Other investors included Banc of America Equity Partners, Banco Santander Central Hispano, The Edward P Bass Group, Angelo Gordon, Investcorp, Merrill Lynch and Multitel Cable.