Inea up for sale

Private equity firm Warburg Pincus is considering selling its controlling stake in Polish cable operator Inea, according to Reuters. Warburg Pincus acquired 72 percent stake in the cable operator back in 2013. Inea, which operates mostly in the west of Poland has been considering expansion, and the company’s CEO Janusz Kosiński, who controls 28 percent stake in the company, said earlier this year, that in order to do so, a new investor might be needed. According to Reuters, Poland’s biggest cable operator UPC is interested in acquiring its competitor. Investment bankers also point to private equity or infrastructure funds that might be interested in the asset.