were fulfilled the conditions relating to the preliminary agreement between Netia as the buyer and the company Polish State Railways as the seller, resulting commitment to conclude the final agreement to sell 100% stake in the company TK Telekom Sp. z oo, Netia reported.
“Issuer has obtained consent for the concentration expressed by the President of the Office of Competition and Consumer Protection on November. July 6, 2015 r., And on 7 July 2015. Made in accordance with the contract due to notification to the PKP SA Therefore, concluding the final agreement should take place within 10 working days of notification or any other date agreed by the parties in writing “- reads the release.
After the transaction, the Netia group will greatly increase the range of its own fiber optic network – TK Telekom has about 7.5 thousand. km of fiber optic lines within the network backbone.
At the end of November last year Railway reported that they have received preliminary offers potential investors for the acquisition of shares in TK Telekom. The process of due diligence of the company by investors admitted for further proceedings based on the evaluation of the tenders had been launched before the end of the year. In early April, “Parkiet” daily reported, citing unofficial information that the exclusivity to negotiate the purchase of TK Telekom Netia received.
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