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Another Day, Another Potential Deal In The Telco Sector

09 June 2016 by lberuti

The CEO of PFOURS (P4) has been saying for some time that an IPO could be a possibility, but that the Polish operator would wait for markets to improve before pulling the trigger. It seems that stars could be aligning. The company’s owners are rumoured to have selected UBS and Bank of America as advisers for the potential sale of the Polish operator of Play mobile network. A number of private equity funds may be interested in the purchase, but industry players like Telenor, TeliaSonera, Telekom Austria as well as Liberty Global may also consider acquisition. Alternatively, PFOURS’s owners may seek the sale of a 50% stake in the company via an IPO allowing them to pay a dividend. That was taken positively by the market which sent PFOURS’s 5 year risk premium 19bps tighter at 170bps.