Locked content Wirtualna Polska acquires Enovatis

WSE-listed Wirtualna Polska Holding (WPH) is acquiring Enovatis, the owner of wakacje.pl, easygo.pl and wypoczynek.pl, the company reported. The value of the deal totals PLN 83.56 million.”The purchase of Evatis is the biggest transaction since the merger of WP and o2. It brings us closer to t...

Locked content Innova Capital to sell stake in Wirtualna Polska?

Private equity fund Innova Capital is allegedly looking for a buyer for its stake in Wirtualna Polska Holding (WPH), Parkiet and Rzeczpsopolita dailies reported citing three independent anonymous sources. According to the sources, an offer was made to Swedish media group Bonnier, which owns Polish P...

Locked content WP to launch TV channel?

Wirtualna Polska Holding (WPH) has applied to Krajowa Rada Radiofonii i Telewizji (KRRiT), the National Broadcasting Council to launch its own TV channel. It should be available on the new multiplex MUX8. The statement reads that “according to the announcement, the programme will include broad...

Locked content WP profits up in Q2, big project ahead

Poland’s largest web portal Wirtualna Polska (WP) recorded PLN 9.92 million in net profits in Q2, compared with PLN 2.86 million in the corresponding period last year, a company statement read. WP also announced plans regarding a  “very huge” project, still his year. WP’s sal...

Locked content Wirtualna Polska takes over NextWeb Media

Wirtualna Polska Holding has finalized the purchase of a 100 percent stake in NextWeb Media, owner of abcZdrowie.pl and Parenting.pl web portals, among others. The value of the transaction stood at PLN 19.4 million. “By acquiring the company, Wirtualna Polska significantly expanded its offer f...

Locked content Wirtualna Polska acquires internet radio platforms

The Wirtualna Polska (WP) group has signed a deal to acquire two internet radio platforms OpenFM and PolskaStacja.pl for PLN 4 million, the company announced. “By investing in these two platforms, WP has become a major player in the Internet radio segment. OpenFM and PolskaStacja.pl, with a to...

Locked content Wirtualna Polska with smaller loss in Q1

Web portal Wirtualna Polska (WP) recorded 0.71 million net loss in the first quarter of the year, compared with a loss of PLN 5.54 million in a corresponding period a year ago. Operational profits stood at PLN 10.7 million, whereas the firm reported a loss of PLN 2.33 million in Q1 2014. Consolidate...

Locked content WP debuts on WSE, plans acquisitions

The opening market price stood at PLN 35 per share, by 10.16 percent more that the price reached in the initial public offering (IPO), it remained at the same level at the closing time. The group obtained PLN 100 million from the new share issue, which will be mainly committed to acquiring some R...

Locked content Wirtualna Polska’s WSE debut on May 7

Web portal Wirtualna Polska (WP) announced on Tuesday its debut in the Warsaw Stock Exchange main floor will take place on May 7. Previously it was scheduled for May 8. WP priced its initial public offering at PLN 32 a share. The company intends to raise PLN 100 million by selling 9.19 million share...

Locked content Wirtualna Polska sets IPO price at PLN 32 a share

Web portal Wirtualna Polska priced its initial public offering at PLN 32 a share on Friday. The company intends to raise PLN 100 million by selling 9.19 million shares in the public offering. Individual buyers will be able to buy 1.378 million shares, while institutional investors will acquire 7.813...