ITI sells asset, launches news channel

January 10, 2014 08.49 Europe/London By Chris Dziadul

ITI GroupPoland’s ITI Group has sold its 100% interest the football club Legia Warszawa for an undisclosed fee.

According to ITI Group, it has been acquired by Dariusz Mioduski (80%), hitherto a member of the company’s supervisory board, and Boguslaw Lesnodorski (20%), Legia’s president and CEO for the last year.

Separately, ITI Group has announced the successful launch of the news-based channel TVN24 Biznes i Swiat (‘Business and World’) by TVN.

TVN already operates the news-based channel TVN24.