© 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
COO of the Month: USA
Innovation
29/06/2016COO of the Month: USA

Channel Products is a leading designer and manufacturer of ignition systems, safety controls, and complimentary products for manufacturers worldwide. The Company got its start in 1972 and is headquartered in Cleveland, OH, with sales and distribution offices i

Read Full PostRead - Eye Icon
Why Weak Commercial Agreements Can Derail a Promising Acquisition
M&A
24/03/2026Why Weak Commercial Agreements Can Derail a Promising Acquisition

Mergers and acquisitions are often built around market opportunities and long-term growth, but some deals that look great on paper can pose serious problems after an agreement is reached.

Read Full PostRead - Eye Icon
Understanding the Triple Threat in the Charity Sector
Corporate Social Responsibility
25/02/2025Understanding the Triple Threat in the Charity Sector

As technology continues to evolve, so do the cyber threats that come with it. Cyber criminals are becoming ever more sophisticated and are finding new ways to exploit vulnerabilities and compromise systems.

Read Full PostRead - Eye Icon
The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?
Strategy
25/05/2026The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?

Short-term rentals sit awkwardly in an investor’s portfolio. On paper, they are property assets: purchase price, debt, an address, and eventual resale value. In practice, their returns often depend on the habits of a hospitality business, from nightly pricin

Read Full PostRead - Eye Icon
5 Common Pitfalls of Freight Shipping Companies and How to Avoid Them
News
29/09/20225 Common Pitfalls of Freight Shipping Companies and How to Avoid Them

Freight shipping companies play an important role in moving cargo from one point to another and ensuring that both the cargo and its owners’ interests are properly safeguarded. Unfortunately, freight shipping companies are also vulnerable to many common mist

Read Full PostRead - Eye Icon
SASE – The Security Fabric of The Future
News
05/02/2024SASE – The Security Fabric of The Future

The rise of cloud computing, the pervasiveness of mobile devices, and the widespread adoption of remote work have rendered traditional network security architectures obsolete and ineffective. To address these evolving threats and safeguard their valuable asset

Read Full PostRead - Eye Icon
Thornton’s Takeover: Ferrero Buys Majority
Finance
23/06/2015Thornton’s Takeover: Ferrero Buys Majority

Ferrero International have successfully completed a takeover bid for the UK-based confectionery store chain.

Read Full PostRead - Eye Icon
AI and Machine Learning Skills in Highest Demand from Employers in 2024
News
26/02/2024AI and Machine Learning Skills in Highest Demand from Employers in 2024

Nearly a third of employees have little understanding of how to use AI and data and less than one in ten have received training on AI tools in the past 12 months

Read Full PostRead - Eye Icon
How to Start Cloud Mining Bitcoin Cash
News
13/06/2022How to Start Cloud Mining Bitcoin Cash

Cloud mining bitcoin is a valuable alternative to traditional mining. It’s an option that’s better suited to small and mid-size investors since it doesn’t require an initial investment in the equipment used for mining. Instead, the process takes place in



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