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10 months ago
Liberty Global unit to buy Multimedia Polska's cable business
October 18, 2016 / 8:41 PM / 10 months ago

Liberty Global unit to buy Multimedia Polska's cable business

Oct 18 (Reuters) - Telecommunications company Liberty Global Plc said its unit, UPC Poland, has entered into a definitive agreement to buy the cable business of Multimedia Polska SA for an enterprise value of 3 billion zlotys ($763.5 million).

The transaction will be financed through a combination of incremental debt borrowings and cash on hand. (1 Polish zloty = $0.2545) (Reporting by Sangameswaran S in Bengaluru; Editing by Don Sebastian)

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