IFLR1000

Government of Poland Zl368.5 million acquisition of Exatel

29/3/2017
Private acquisition
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Zl 368.5 million

$ 92.211 million

Announced

29/3/2017

Overview:

  • Poland's state treasury has acquired Exatel for Zl368.5 million from PGE Polska Grupa Energetyczna.
  • Exatel is a Polish telecoms company and owns a 20,000km fibre optic network.
  • The deal is said to be part of a move towards creating a 'National Strategic Network Operator' in the country.

Sam Duke - Editor

Jurisdiction:

Poland

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Poland

Industry sector:

Technology and telecommunications

Firm:
Wolf Theiss

Party: PGE Polska Grupa Energetyczna (Seller)

Lawyer: Dariusz Harbaty

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