TVN, Liberty Global Eye Polish DTH Sale

The owners of the Polish DTH platform Platforma Canal+ are exploring the possibility of an IPO for rights currently held by its minority shareholders.

In a statement the DTH platform’s operator ITI Neovision says that “Group Canal+ intends to retain its role as the strategic shareholder of ITI Neovision SA regardless of such a process and its actual outcome which will depend on various factors, including market conditions and obtaining the usual consents and approvals”.

It adds that, “discussions are ongoing and preliminary and the company declines to provide further public comments on this topic at the present stage”.

ITI Neovision is majority (51%) owned by Group Canal+, with the remaining shares being held by TVN (32%) and Liberty Global’s LGI Ventures (17%). Broadband TV News