WOOD Flash – Wirtualna Polska: agrees to acquire Invia Group for c.EUR 240m
Yesterday (23 December), Wirtualna Polska announced that it has signed a framework agreement to acquire 100% shares of Invia Group – a European travel group with operations in Germany, Austria, Switzerland, the Czech Republic, Slovakia, Hungary and Poland. The transaction will result in the acquisition of a 100% stake in Invia Group SE for a purchase price of nearly EUR 240m, which may be increased by a net cash increment up to the closing date of the transaction. The closing of the transaction is subject to the satisfaction of certain conditions precedent, including the approval of the concentration by the President of the Office of Competition and Consumer Protection in Poland, and the approval of the Shanghai United Assets and Equity Exchange to be granted to the buyer under the regulations of the People's Republic of China.Wirtualna Polska Holding SA is a Poland-based holding company. The Company owns entities that are engaged in the Internet publishing and broadcasting content, including operating business, technology, sports and entertainment portals, as well as electronic mail (e-mail) and electronic commerce (e-commerce). It also offers a range of advertising products, including display ads. The Company operates through such Internet portals as Wirtualna Polska, o2.pl, Money.pl, WP SportoweFakty, Dobreprogramy.pl, WP Parenting, Domodi and Homebook, among others. The Company operates domestically.
WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.