The ITI Group and CANAL+ Group have been approached in recent months by various strategic and financial investors expressing an interest in acquiring the controlling stake in TVN Group, should it become available.
In response to such interest, both the ITI Group and CANAL+ Group have decided to jointly review their strategic options regarding the 51% stake in TVN Group.
Both the ITI Group and CANAL+ Group remain under any scenario fully committed to the high performance TVN investment. Should the current strategic review not result in a transaction, the existing arrangements will remain in place.
CANAL+ Group will continue to maintain a strong footprint in Poland, its second largest market after France, where it will further develop and strengthen nc+, the country’s leading premium pay-TV platform. In addition, nc+ will continue its close cooperation with TVN, which owns a 32% stake in nc+, regardless of the outcome of the review.
Groupe CANAL+ Contacts
Laurence Gallot: +33 1 71 35 02 22
Antoine Banet-Rivet: +33 1 71 35 00 26
Groupe ITI Contacts
Agnieszka Milewska: +48 22 453 34
Romano Fanconi: +41 44 258 88 88