Canal+ and ITI Group have been approached by a number of industrial and financial investors interested in acquiring a controlling stake in the Polish national commercial broadcaster TVN, if it becomes available.
In response, the French company and its Polish partner have mutually agreed to consider their strategic options for the 51% share in TVN they currently hold.
According to Canal+, whatever the scenario, it and ITI Group will remain involved TVN, which it calls a “powerful asset”. Furthermore, if the current strategic review does not result in a transaction, the agreements in place will continue to apply.
Canal+ also says it will continue to maintain a strong presence in Poland, its second largest market after France, where it will continue to develop the DTH platform nc+.
TVN, which holds a 32% stake in nc+, will meanwhile continue its close cooperation with TVN regardless of the outcome of the strategic review.