Locked content Vectra applies to buy Multimedia Polska – UOKiK

Vectra filed an application to the Office of Competition and Consumer Protection (UOKiK) regarding the acquisition of control over Multimedia Polska (MMP), and as a consequence, over the subsidiaries of MMP – the Office stated. Vectra filed the application on August 27, the case is in progress...

Locked content UPC mulls acquisitions

Despite withdrawing from acquiring cable operator Multimedia, UPC Polska is still interested in acquisitions in Poland, company’s CEO Robert Redeleanu confirmed. “We still see opportunities on the market, we will have to re-evaluate them. Our biggest challenge is to maintain organic growth,” he said...

Locked content UPC withdraws from taking over Multimedia

Cable TV operator UPC Polska, owned by the US giant Liberty Global, withdrew its application to buy rival Multimedia, antitrust watchdog UOKiK informed. Both sides failed to reach agreement on revised terms of the deal. The PLN 3 billion deal, announced back in October was subject to potential downw...

Locked content Multimedia with Q3 loss

WSE-listed cable TV operator Multimedia Polska had PLN 1.91 million Q3 net loss, compared to PLN 10.3 million profit last year. After it sold its energy distribution in July this year its results are omitted from the company’s results, and as a result, they’re incomparable with last year’s, the comp...

Locked content Multimedia Q2 profit grows to PLN 4.07 mln

WSE-listed cable TV operator Multimedia Polska had PLN 4.07 million Q2 net profit, compared to PLN 0.76 million profit last year.  Revenues amounted to PLN 170.42 million, down from PLN 175.69 million the year before. For H1, adjusted EBITDA stood at PLN 173.6 million, unchanged y/y. The number of s...

Locked content Orange in talks to takeover Multimedia subsidiary

WSE-listed telecom Orange Polska is currently negotiating the possible takeover of the cable’s operator Multimedia power unit Multimedia Polska Energia, the company said in a market filing. “The negotiations are ongoing and the outcome is uncertain,” Orange said, adding that the purchase would be in...

Locked content UPC acquires Multimedia

Shareholders Multimedia Poland have concluded a preliminary agreement for the sale of 91,764,808 shares, representing 100 percent of the company’s share capital to UPC Poland. The conclusion of the final contract for sale of shares will be subject to approval by the Office of Competition and C...

Locked content Liberty Global close to buying Multimedia

Liberty Global, which owns Poland’s largest cable operator UPC, is close to agreeing a takeover of UPC’s local rival Multimedia in a deal that would create a business covering half of the Polish cable market, Reuters quoted Polish daily Puls Biznesu. The daily said that the two operators...