About CEETV    |    Contact Us        
ceetv-banner-160x220px

Kanal D_160 x280 Dikey.

Madd-160x280_ march30-7title

NATPE_Budapest_160x280_2025

All3Media_web_160x280_160x280_WHAT_THEY_FOUND_GIF

160x280_EsrefRuya_ValleyOfHearts_09apr

ATV_160x280_May

NEMDU25_CCETV_BANNER-160x100_09apr

 CEE
Canal+ sets maximum price in Warsaw IPO at 60 zloty per share
 04 Nov 2020
Polish pay-TV platform Canal+ Polska set its maximum price in an initial public offering (IPO) at 60 zloty ($15.22) per share ahead of its planned debut on the Warsaw stock exchange on Nov. 23, it said in a statement on Tuesday, Reuters reports.

U.S. television and broadband company Liberty Global and Polish broadcaster TVN Media, owned by U.S. group Discovery, plan to sell their stakes in the company. Liberty Global has a 17% shareholding and TVN holds 32%.

French media group Vivendi, which owns 51% of Canal+ Polska, is not selling its shares in the offering.

The maximum price set means shares offered will be worth 1.297 billion zloty ($329.13 million). Book building will last until Nov. 9.

Last year Canal+ Polska suffered a fall in its net profit to 88 million zloty from 136 million zloty a year earlier, but its revenues rose to 2.29 billion from 2.16 billion in 2018.

The Warsaw stock exchange hosted Europe’s biggest IPO last month when shares in Polish e-commerce group Allegro leapt more than 60% on their debut, giving the company a market value of almost $19 billion.
RELATED
 SEARCH
 
 TVBIZZ LIVE

 
   FOCUS
 GET OUR NEWSLETTER
 
About  |  Contact  |  Request  |  Privacy Policy  |  Terms and Conditions