Polsat Food

Scripps buys majority stake in TVN

International pay TV channel provider Scripps Networks Interactive is to take majority control of Polish broadcaster TVN in a €584 million (US$615 million) deal. Scripps has struck a deal with ITI Group and France’s Canal+ Group to take a 52.7% stake in TVN in an all-cash deal. Scripps will also assume €840 million of debt. […]