Got a new idea?   |   PMR Publications   |   PMR Consulting   |   PMR Research   |   PMR Online Access
 


 

Internet Group issue prospectus approved


2007-03-23

The Financial Supervisory Authority (KNF) has approved the issue prospectus of the Internet Group, a company which offers telecommunications services to corporate clients. The firm wants to sell around 11.4 million shares and thus to raise funds for the acquisition of CR Media Consulting, a media house, and for the development of its group after this merger.
The merger was to have been concluded by the end of 2006. The share issue is expected to be worth around PLN 100m (€25.6m), and some 40% of the money from the IPO will be spent on the acquisition. CR Media predicts that in 2007 it will earn revenues of PLN 210m (€53.8m) and that its EBITDA will stand at PLN 12m (€3.1m).


Browse and search in our archive »


subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »




PMR publications >> IT and telecoms

 
About us         Contact us         Privacy Policy
Copyright © 2012 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.