Liberty Global (LBTYA) to Acquire Multimedia Polska for $760M
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Liberty Global to Acquire Multimedia Polska
October 18, 2016 4:02 PM EDTAcquisition of third-largest cable operator in Poland Expands reach of Libertys market-leading platform Investments & innovation to benefit Polish consumers and businesses
DENVER, Colorado--(BUSINESS WIRE)-- Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) today announced that its subsidiary UPC Poland has entered into a definitive agreement to acquire the cable business of Multimedia Polska S.A. (Multimedia), the third-largest cable operator in Poland, in an all cash transaction. Multimedia is being valued at an enterprise value of PLN 3.0 billion (approximately... More