September 29, 2021

Eight International provided financial and tax due diligence of SPI International (controlling entity of listed group Kino Polska) for Group Canal+.

Canal+ will acquire a 70% majority stake in SPI International while keeping the current management team and operational structure in place.

Financial due diligence was led by Eric Demuyt, Partner ar Eight Advisory, Francois Gallizia, Director at Eight Advisory and Piotr Dalak, Associate Partner at JP Weber.

Tax due diligence was led by Guillaume Rembry, Partner at Eight Advisory Avocats, Hubert Christophe, Attorney at Law at Eight Advisory Avocats and Tomasz Bartoszek, Associate Partner at JP Weber.

SPI International, is a global media company operating 42 TV channels and multiple digital products across six continents, and a major player in content distribution and broadcasting worldwide.

Canal+ Group is a pay-TV operator and player in free-to-air television in France. Canal+ has a wide international footprint with a presence in 40 countries in Europe, Sub-Saharan Africa, and Asia. In Europe, Canal+ has a strong presence in mainland France and Poland and has also acquired the M7 Group platform in 2019. The Group totals 22 million subscribers worldwide and has experienced continuous growth of its international business in recent years. This acquisition will help Canal+ to expand its strategy of investing in content and reinforce its offers on its different markets, by relying on European leader Studiocanal, Kino Swiat in Poland, and now SPI International.

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