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Polish operator Play to raise up to PLN 5.3 bln in IPO
2017-07-03 14:38:00| Telecompaper Headlines
(Telecompaper) Polish mobile operator P4, which operates under the brand Play, will raise up to PLN 5.3 billion (EUR 1.25 billion) in its initial public offering of shares. According to the published prospectus, the owners plan to sell 38-48 percent of the shares in the Luxembourg-based company Play Communications, to which the mobile operator belongs. The maximum share issue price has been set at PLN 44, and if confirmed, this would value the company at PLN 11.04 billion (excluding debt).
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Category:Telecommunications