Skip to content
Advertisement

Business

Radom Cable TV operator TVK Dami on TK Vectra shopping list

Radom-based cable television operator TVK Dami, controlled by Zygmunt Solorz, may soon be sold, according to sources, its competitor TK Vectra has exclusive negotiation rights to buy it by the end of July. Solorz decided to dispose of his 60% stake in the company servicing about 110,000 subscribers. "We are in talks with investors and if we come to terms with Vectra, then Dami will be sold," confirmed Solorz. However, Vectra president Tomasz Węgrzyński did not confirm the information, but it is known that the company was not the only one interested in acquiring Dami. President of Dami, Cezary Pawłowski, admitted that Multimedia Polska and several investment funds were considering the purchase. According to current market prices, the Radom company might even be worth $20-30 million. "You buy one thing and sell another," explained Solorz, commenting on his recent investment in Elektrim. (Puls Biznesu, pp. 1, 6) M.M.

More from Business All