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TVN, Liberty Global eye Polish DTH sale

February 3, 2020 08.47 Europe/London By Chris Dziadul

The owners of the Polish DTH platform Platforma Canal+ are exploring the possibility of an IPO for rights currently held by its minority shareholders.

In a statement the DTH platform’s operator ITI Neovision says that “Group Canal+ intends to retain its role as the strategic shareholder of ITI Neovision SA regardless of such a process and its actual outcome which will depend on various factors, including market conditions and obtaining the usual consents and approvals”.

It adds that, “discussions are ongoing and preliminary and the company declines to provide further public comments on this topic at the present stage”.

ITI Neovision is majority (51%) owned by Group Canal+, with the remaining shares being held by TVN (32%) and Liberty Global’s LGI Ventures (17%).

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Filed Under: Central & East Europe, DTH, Newsline, Platforms Tagged With: Group Canal+, Liberty Global, Platforma Canal+, Poland, TVN Edited: 4 February 2020 12:51

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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