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Enterprise Investors acquires 3S

11:52

Polish Enterprise Fund VII, a private equity fund controlled by Enterprise Investors, has signed an agreement to purchase a 76-percent stake in 3S, one of the leading telecommunications firms operating in Silesia, Puls Biznesu daily reported. The deal is valued at PLN 86 million.

The fund obliged to contribute to the company additional capital in order to finance its development.

The transaction is to be approved by the anti-monopoly watchdog, the UOKiK.

3S is a group of companies from the telecommunication industry, which has been present on the Polish market since 2002.

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