Locked content AmRest finalizes German Pizza Hut takeover

WSE-listed restaurant operator AmRest has finalized the purchase and master franchising agreement for Pizza Hut in Germany. Additionally, AmRest bought two Pizza Hut restaurants in Dusseldorf for €1. Under the deal terms, AmRest will become the sole master franchisee of 67 Pizza Hut restaurants curr...

Locked content Play shares to be included in the FTE Global Equity indices

The shares of WSE-listed telecom Play Communications will be included in several FTSE Global Equity indices starting from August 3, FTSE said. “Following the initial public offering for Play Communications SA on Thursday 27 July 2017, Play Communications SA will be a fast entry to the FTSE Global Eq...

Locked content S&P: Lower EU funds might affect CEE countries ratings

Expected lower inflows of EU funds in the new European Union financial perspective beginning in 2021, might affect CEE countries ratings in a negative way, S&P rating agency said. “With Brexit, and increasing talks about a two-speed EU, as well as growing friction between nationalist governments...

Locked content Discovery buys Scripps for $14.6 bln. Becomes TVN owner

US media holding Discovery will buy its peer Scripps Networks Interactive for $14.6 billion. Back in 2015, Scripps acquired a 53 percent of the private broadcaster TVN, increasing its stake to 100 percent in the following months. Channels in Discovery portfolio have some 3 billion viewers worldwide,...

FinMin: Debt financing reaches 71%

The level of debt financing at end-July, has reached 71 percent of this year’s financing needs, the Poland’s Finance Ministry said. Treasury liquid assets amount to PLN 78 billion.
Image: Karimpol

Karimpol to start building Skyliner tower in Warsaw

Developer Karimpol has selected Warsaw Stock Exchange-listed builder Warbud as the general contractor of its planned Skyliner office skyscraper project located in the Wola district of the Polish capital. Construction work on the scheme is scheduled to launch in September and finish in mid-2020. The ...