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Article: Polish media Agora not expecting problems with financing potential acquisitions - VP.
- Article from:
- Poland Business News
- Article date:
- August 9, 2007
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Polish media Agora not expecting problems with financing potential acquisitions - VP
WARSAW. AUGUST 9. INTERFAX CENTRAL EUROPE - Polish media group Agora does not expect a new stock issue to finance its investments, as its cash and credit capacities are higher than the value of potential acquisition opportunities on the market, the company's vice-president Zbigniew Bak told Interfax Central Europe in an exclusive interview Thursday.
"We believe that we're more limited by the supply of acquisition targets than the possibilities of financing such transactions," Bak said. "At present, we're able to finance every good investment, regardless of its size. We ...