08
Sun, Dec
55 New Articles

White & Case Advises Kenbourne Invest on Sale of Shares in Play Communications

White & Case Advises Kenbourne Invest on Sale of Shares in Play Communications

Poland
Typography

White & Case Warsaw has advised Kenbourne Invest S.A. on the accelerated book-building process announced by Kenbourne Invest and Tollerton Investments Ltd. for the sale of shares in Play Communications S.A.

The accelerated book-building process was carried out on September 4, 2019. Kenbourne Invest and Tollerton Investments, which respectively held 30.04 percent and 29.14 percent of Play’s shares, sold 23,086,237 ordinary Play shares, constituting 9.08% of its total shares, for around PLN 704 million.

The offer was directed exclusively at specific, qualified institutional investors in the US and Europe. UBS Europe SE and Santander Bank Polska S.A. acted as global coordinators and joint book-runners. 

The White & Case team was led by Local Partner Rafał Kaminski with support from Associate Monika Duzynska, both working under the supervision of Partner Marcin Studniarek.

Our Latest Issue