TVN sale more likely next year

The acquisition of a majority stake in broadcaster TVN is more likely to take place in 2015 than in the fourth quarter of 2014, the company’s representatives were quoted as saying by the Polish Press Agency. There are about 12 entities interested in buying the broadcaster, said CEO Markus Tellenbach. “We are now preparing for due diligence. I expect it to start shortly,” he added. In mid October ITI and Canal+ announced that they were considering the sale of their controlling stake in TVN.