© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Wirtualna Polska Holding IPO
Posted 27th May 2015

Wirtualna Polska Holding IPO

Wirtualna Polska Holding IPO

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Wirtualna Polska Holding IPO

Wirtualna Polska Holding IPO

View Biography

Weil, Gotshal & Manges

Rafał Zwierz – Partner.
Legal Adviser to WPH

Innova Capital-backed Wirtualna Polska Holding (WPH) has listed on the Warsaw Stock Exchange, with a PLN 1bn market cap.

The public offering featured a total of 9.19 million shares priced at PLN 32 apiece. Around a third of the offering comprised newly created shares, generating proceeds of PLN 100m. WPH intends to dedicate the capital raised to further acquisitions and the repayment of existing debt.

Innova-controlled European Media Holding (EMH), meanwhile, reaped PLN 187.3m in gross proceeds by divesting a 35% stake as part of the offering. Innova claims to have recouped around 90% of its initial investment in the business.

Primarily intended for Polish investors, the flotation took place earlier than the 2016-2017 timeframe that had initially been considered, according to WPH.

Pekao Investment Banking, UniCredit’s London branch, Powszechna Kasa Oszczędności Bank Polski, Oddział – Dom Maklerski PKO Banku Polskiego w Warszawie and Dom Maklerski mBanku acted as joint bookrunners for the IPO.

Previous funding
WPH was formed in 2013 via the merger of Polish internet portals Wirtualna Polska and Grupa o2, both bought by Innova Capital from Orange business unit Telekomunikacja Polska. The buyout, valuing the combined business at PLN 375m, was carried out via Innova-backed acquisition vehicle European Media Holding, according to unquote” data.

Innova drew equity from its €302m Innova/5 LP fund, with additional financing coming in the form of a debt package.

Categories: Innovation


You Might Also Like
Read Full PostRead - Eye Icon
Winston & Strawn Announces Formation Of Pro Bono Racial Justice And Equity Council
Legal
03/09/2020Winston & Strawn Announces Formation Of Pro Bono Racial Justice And Equity Council

Global Platform Includes Pledge of 100,000 Pro Bono Hours Through 2025.

Read Full PostRead - Eye Icon
Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business
Finance
15/10/2024Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business

According to the 2024 UK Government Cybersecurity Breaches Survey, 50% of businesses experienced a cyber-attack or security breach in the past year.

Read Full PostRead - Eye Icon
The Systems Investment Firms Use to Manage Risk and Compliance
Technology
23/03/2026The Systems Investment Firms Use to Manage Risk and Compliance

Investment firms operate in one of the most heavily regulated environments in the business world. Asset managers, private equity firms, hedge funds, and venture capital groups all face complex compliance requirements designed to protect investors and maintain

Read Full PostRead - Eye Icon
Commercial Disputes: The Pros and Cons of Arbitration
Legal
17/07/2024Commercial Disputes: The Pros and Cons of Arbitration

Litigation – that is, formally dealing with a dispute through the parties’ domestic courts – has long been the go-to solution when commercial disputes arise, but this form of dispute resolution has been regarded as lengthy, costly, and does little to pre

Read Full PostRead - Eye Icon
11 Tech Tools to Get You Through a Recession
Innovation
05/08/202211 Tech Tools to Get You Through a Recession

As the stresses of an impending recession grow, business owners are strategizing how to survive this economic uncertainty by re-evaluating current and future expenses. For example, software subscriptions that once felt necessary may seem like a “nice to have

Read Full PostRead - Eye Icon
Plesner Advise Solina in Acquisition of Paulig Flavours Division
Legal
07/05/2015Plesner Advise Solina in Acquisition of Paulig Flavours Division

Solina Group (“Solina”) has signed a binding agreement to acquire from Paulig its INDUSTRIAL FLAVOURING DIVISION. Paulig Group (“Paulig”) is the selling majority shareholder. The IFD management will join Solina Group.

Read Full PostRead - Eye Icon
Mergers and Acquisitions (M&A) Targeting Financial Services
Finance
07/06/2016Mergers and Acquisitions (M&A) Targeting Financial Services

Both the volume and value of mergers and acquisitions (M&A) targeting financial services companies worldwide increased in the second half of 2015.

Read Full PostRead - Eye Icon
Several Ways on How Engineering Innovations Make Your Business More Competitive
Innovation
13/09/2021Several Ways on How Engineering Innovations Make Your Business More Competitive

Wondering what kind of benefits engineering innovation can bring to business so that the last win competition among dozens of rivals? Keep reading this article!

Read Full PostRead - Eye Icon
An Influential Figure in M&A
Finance
08/02/2019An Influential Figure in M&A

Lisa Wright has worked in the information industry for 25 years and is an influential figure in M&A through her role at Bureau van Dijk, a Moody’s Analytics company. Recently, we caught up with Lisa who revealed more about the firm, especially following her



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow