TV Puls up for grabs: CME interested
Polish TV station TV Puls is up for sale, and a number of well-known international players are involved in the bidding, say informed sources. This time last year it was Murdoch’s News Corp that was in the frame as a potential owner, having already taken a 35% stake in the broadcaster.
First on the bidding list is Central European Media Enterprises (CME), the NASDAQ-registered outfit that has very much concentrated on building up its assets in Central and Eastern Europe. Time Warner would be involved via its 31% stake in CME.
It is also reported that Disney has taken a sniff at the TV Puls books and conducted due diligence, although there are reports that Disney has denied it will be making a bid.
Polish Media company Point Grp has already publicly expressed an interest.