Canal+ Polska calls off IPO again

Canal+’s plans for a Polish IPO has been suspended for the second time in a year.

Polish financial market regulator KNF said that the suspension came at the pay TV operator’s own request.

A spokesperson said: “The prospectus procedure was suspended at the request of the company.”

The news comes after the operator posted a net profit of PLN178.25 million (€39.1 million) for 2020.

Source: Canal+ Polska calls off IPO again