Iliad to pay less than expected for UPC Poland

Iliad has hammered out a €1.5 billion deal for UPC Poland, which is slightly less than it offered to pay when it first made overtures to parent company Liberty Global in the summer.
The expansionist French telco announced that its Polish subsidiary Play, acquired as recently as last year, will acquire the whole of UPC Poland at an enterprise value of 7 billion zloty, or around €1.53 billion.
We knew the deal was coming. In July both companies quietly disclosed that Iliad had made a non