TV Puls sale moves closer

By Chris Dziadul

July 2, 2009

Platforma Mediowa Point Group (PMPG) appears to have moved a step closer to acquiring a majority stake in the Polish regional station TV Puls.

According to the company, it will be conducting due diligence on the station, which up until late last year was backed by Rupert Murdoch’s News Corp.

Speaking to Wirtualne Media, Dariusz Dabski, a 49% shareholder and the president of TV Puls, has expressed his delight in PMPG’s interest in the station.

However, he has also stressed that talks are at an advanced stage with five other potential investors.

While expecting a decision to be reached by the end of this month, he added that there is no hurry to push through the sale.