P4 to be sold or listed

The owners at P4 , Poland's fourth largest mobile operator are working with Bank of America Merrill Lynch  to sell or list the company in a deal worth over €2 billion, Reuters reported citing several sources. A sale of the business is the favoured option for the owners, Greek fund Tollerton and its Icelandic counterpart Novator, but a dual-track process also exploring an initial public offering (IPO) is expected to start next year, the sources said, asking not to be named because the matter is private.