Polkomtel acquires 27.2% of Midas
18:38
Polkomtel, a unit of Polsat Cyfrowy, has acquired about 403 million shares in a tender offer, which amounts to a 27.2 percent stake in telco Midas, Cyfrowy Polsat said in a market filing.
Previously, Polkomtel had a less than 66 percent stake in Midas. Earlier in February 2016, Polkomtel announced a tender offer for over 34 percent in Midas.
Both Cyfrowy Polsat and Midas are controlled by Zygmunt Solorz-Zak.