FOREX AND STOCK MARKET NEWS TODAY

Economic market news today about Kabel Deutschland investor.Kabel Deutschland GmbH’s owner, private-equity firm Providence Equity Partners Inc., is considering an initial public offering or a sale of the cable company to another investor, Financial Times Deutschland said, without citing anyone.Providence Equity is preparing both options, the newspaper said. An IPO of Kabel Deutschland may have a “volume” of less than 2 billion euros ($2.83 billion), Financial Times Deutschland said. Providence Equity may plan to sell shares in Kabel Deutschland in the second quarter this year, the newspaper reported.Providence Equity owns 88 percent of Unterfoehring, Germany-based Kabel Deutschland, according to the Kabel Deutschland site.