Monday 16 March 2015

US-based media company Scripps Networks Interactive, Inc. (NYSE: SNI) has entered into an agreement to acquire a 52.7% interest in Poland-based media company TVN, the company said on Monday. The company has agreed to acquire the stake from ITI and Canal+ Group for an all-cash consideration of EUR 584m (USD 617.24m). Scripps Networks Interactive will also assume EUR 840m of debt.