Wednesday 2 November 2011

Canal Plus takes minority stake in Poland’s TVN - Financial Times

Vivendi’s Canal+ pay-television unit has entered into a partnership deal with the holding company that controls TVN, Poland’s largest commercial TV broadcaster by audience and revenues, markets heard on Wednesday.

Analysts said the deal was likely to require much less of the French media giant’s cash than investors had initially believed.

Read the full story at ft.com

 

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