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Iliad to acquire Polish operator Play for EUR 2.2 billion

Monday 21 September 2020 | 10:33 CET | News
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French operator Iliad is continuing its European expansion with an agreement to acquire Polish operator P4, trading under the Play brand. Iliad has signed a binding agreement to purchase a 40 percent controlling interest from Play's two reference shareholders for PLN 39 per share, which will give Iliad the majority of seats on Play's management board. It will launch a public bid for the remaining Play shares at the same price, for a total price of EUR 2.2 billion, or EUR 3.5 billion including debt. 

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Categories: Mobile & Wireless
Companies: European Commission / Iliad / P4
Countries: Poland
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