Planned strategic investment of Grupa Cyfrowy Polsat – acquisition of a block of shares in Netia. New services, new market and boost to implementation of a convergent operator strategy
Cyfrowy Polsat placed purchase orders for a combined block of approximately 32% of shares in Netia from its two major shareholders. The total purchase price has been set at PLN 638.8 million. Cyfrowy Polsat intends also to announce a tender offer in order to achieve a stake of no more than 66% of the total number of votes at the General Meeting of Netia.