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Greenberg Traurig Advises Cyfrowy Polsat on Acquisition of Stake in Asseco Poland

Greenberg Traurig Advises Cyfrowy Polsat on Acquisition of Stake in Asseco Poland

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Greenberg Traurig has advised Cyfrowy Polsat S.A. and Reddev Investments Limited on the acquisition of a 22% stake in Asseco Poland S.A. The total value of the transaction amounted to almost PLN 1.2 billion.

According to Greenberg Traurig, "the transaction completed on December 30, 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 December 18, 2019."

Grupa Polsat is a Polish media and telecommunications company that provides its 5.7 million customers with access to telecommunication, pay digital TV, and Internet services. The group includes the following main companies and brands: Cyfrowy Polsat, Polkomtel, Telewizja Polsat, Netia, and IPLA.

Greenberg Traurig's team was led by Local Partner Daniel Kaczorowski and included Partner Robert Gago and Senior Associate Marek Kleczek.

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We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

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