Liberty Global, which just got through selling of UPC broadband in France has now sold off its Swedish cable business, UPC Sweden, to a consortium of Private Equity groups, including The Carlyle Group and Providence Equity Partners. The deal is worth around $427 million including $34 million of capital lease obligations and this represents a multiple of 9.3 times the company’s 2005 operating cash flow, less corporate expenses. Closing of the transaction is subject to regulatory approval and is expected during the second half of 2006. In total, including the sale of UPC Norway, the group will have realized $2.5 billion in gross proceeds this year, but has to meet debt obligations of around $1 billion. Liberty Global was created…