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ITI Group and Group Canal+ Enter into Agreement For Sale of Shares in the Capital of N-Vision B.V. to Southbank Media Ltd., UK-based Part of Scripps Networks Interactive

 

Scripps Networks Interactive agreed to pay cash consideration of EUR 584 million for 100% of shares in N-Vision which on completion, directly and indirectly through Polish Television Holdings, will hold approximately 52.7% interest in TVN S.A. Scripps Networks Interactive will assume both the debt on level of Polish Television Holding and TVN of EUR 300 million and EUR 540 million nominal value, respectively.

Scripps Networks Interactive agreed to pay cash consideration of EUR 584 million for 100% of shares in N-Vision which on completion, directly and indirectly through Polish Television Holdings, will hold approximately 52.7% interest in TVN S.A. Scripps Networks Interactive will assume both the debt on level of Polish Television Holding and TVN of EUR 300 million and EUR 540 million nominal value, respectively.

 

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Contact: TVN S.A.
Phone:: +48 22 8566060
e-mail: widzowie@tvn.pl

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