Cyfrowy Polsat’s Acquisition of 22% Shares in Asseco Poland

Greenberg Traurig Warsaw office advised Cyfrowy Polsat S.A. and Reddev Investments Limited on the acquisition of almost 22% of shares in Asseco Poland S.A., a WSE listed company.

The transaction was completed on 30 December 2019, after the completion and settlement of the invitation to submit offers to sell shares of Asseco Poland, which was announced by Cyfrowy Polsat on 18 December 2019. The total value of the transaction amounted to almost PLN 1.2 billion.

Grupa Polsat is the largest in Poland and one of the leading media and telecommunications groups in the region. The Group provides its 5.7 million customers with access to 17 million services: telecommunication, pay digital TV and Internet. The Group includes the following main companies and brands: Cyfrowy Polsat, Polkomtel, Telewizja Polsat, Netia and IPLA.

Greenberg Traurig Local Partner Daniel Kaczorowski (Picture) led the transaction. He was supported by Senior Associate Marek Kleczek. Partner Robert Gago, Head of the Competition and Antitrust Practice, is responsible for competition law aspects of the transaction.

Involved fees earner: Robert Gago – Greenberg Traurig; Daniel Kaczorowski – Greenberg Traurig; Marek K?eczek – Greenberg Traurig;

Law Firms: Greenberg Traurig;

Clients: Cyfrowy Polsat; Reddev Investments Limited;