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Announced

Completed

InfraVia Capital Partners completed the acquisition of 50% stake in Polski Światłowód Otwarty from Play.

Financials

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Transaction Value£558m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Telecommunications Services: Other

Single Bidder

Completed

Friendly

Private

Poland

telecommunications

Cross Border

Private Equity

Minority

Synopsis

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InfraVia Capital Partners, a private equity firm, completed the acquisition of 50% stake in Polski Światłowód Otwarty, a wholesale operator of an open broadband network, from Play, a mobile operator, for $690m. "Play's cooperation with InfraVia will accelerate the development of the largest open fiber-optic network in Poland. Our significant investments in fiber-optic infrastructure will enable millions of Polish customers to use super-fast internet, which is essential in everyone's daily life. The decision to offer open access to infrastructure is in line with Play's mission to ensure freedom of choice for all customers, and this breakthrough approach will accelerate Poland's digitization," Jean Marc Harion, CEO of the Play.

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