Cyfrowy Polsat to acquire majority in Polkomtel

Thursday 14 November 2013 | 10:23 CET | News
Polish pay-TV operator Cyfrowy Polsat has agreed to acquire a majority stake of 83.8 percent in Metelem Holding Company, the company controlling Polkomtel, operator of the Plus mobile network, in exchange for shares of Cyfrowy Polsat. As a result of the transaction, Argumenol, Karswell and Sensor will acquire Cyfrowy Polsat shares. The European Bank for Reconstruction and Development is analyzing the possibility of its participation in the transaction, based on an offer from Cyfrowy Polsat to acquire the EBRD's 16.2 percent stake in Metelem. Metelem has been valued for the purposes of the

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Categories: Mobile & Wireless
Companies: Cyfrowy Polsat / Polkomtel
Countries: Poland
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