Multimedia Polska deadline pushed back

29 Aug 2012

The deadline for first round bids for Polish cable operator Multimedia Polska has been extended from September 7 to September 21. Interested parties including private equity firms Cinven and Permira, cable investor Liberty Global and at least one other corporate now have a further two weeks to prepare their bids.

Leveraged finance bankers in the region are hoping an agreement can be reached between buyer and seller as the Polish market is ripe for new deals.

“I still have doubts as to whether the bids will meet the vendors’ price expectations, but let’s hope they do because Polish banks ...

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