Skip to content
Advertisement

Business

Creditors agree to WP selloff as TP reasserts its control

Grabski and Kawalec decided to sell their stake to TP for zł.165 million. They will receive the second tranche, zł.55 million, when the telecom operator regains control over the portal. Now the agreement has to be accepted by the courts. The decision is expected to come in the next few weeks. CNT, a company owned by the two men, will then have to pay off the portal's debts, which will eventually end the bankruptcy process of WP. (Parkiet, p. 3) A.F.

More from Business All