December 5, 2017 / 11:58 AM / 13 days ago

BRIEF-Cyfrowy Polsat offers to buy 119.3 mln Netia shares at PLN 5.77/each

Dec 5 (Reuters) - Netia S.A.

* Poland’s telecoms and media group Cyfrowy Polsat announces on Tuesday a tender offer to buy 119,349,971 shares in telecoms firm Netia at 5.77 zlotys for each share of Netia

* The tender offer announcement comes after Cyfrowy Polsat said on Monday that two key Netia shareholders - Mennica Polska and fund FIP 11 - agreed to sell their stakes in Netia representing nearly 33 percent of votes

* Netia shares rise by 22.6 percent on Tuesday, Cyfrowy Polsat shares up by 4.21 pct Source text for Eikon: Further company coverage: (Reporting by Marcin Goettig)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below