Poland - CybAI news

13 Aug

Meta Faces Legal Challenge From Polish Billionaire Over Fake Ads

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Polish billionaire Rafal Brzoska won an injunction temporarily banning Meta Platforms Inc. from publishing fake ads that use images of him or his wife Omena Mensah in Poland. Brzoska, the founder and chief executive officer of Amsterdam-listed InPost SA parcel locker company, said in an interview that the Polish Personal Data Protection Office’s three-month ban announced last week on ads that use images of him or his wife to lure people into fraudulent investment platforms was only the beginning. Source link lol

Brookfield Is Considering Stake Sale in Data4’s Mature Assets

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Brookfield Infrastructure Partners is weighing a minority stake sale in some of the assets of French data center operator Data4, according to people with knowledge of the matter. Brookfield is working with Citigroup Inc. on seeking investors for Data4’s so-called stabilized assets, which refer to fully-constructed data centers with high and stable tenancy rates, the people said. The stabilized asset portfolio has a valuation of more than €3.5 billion ($3.8 billion), said one of the people, who asked not to be identified as the information is private. Initial bids are expected in September, they said. Source link lol

Cellnex Sells Unit For €803 Million, Signals Share Buyback

stp2y0 CommentsRAG modelsAustria, CELLNEX TELECOM SA, Credit Rating, Debt, EDF INVEST, infrastructure, Marco Emilio Angelo Patuano, Markets, Poland, regulation, Technology

Cellnex Telecom SA has agreed to sell its Austrian business to an investor consortium comprised of Vauban Infrastructure Partners, EDF Invest and MEAG for an enterprise value of €803 million ($877 million), as the Spanish tower operator works to cut debt and exit smaller markets.The deal includes an unconditional deferred payment of €272 million in December 2028 and is subject to customary regulatory approvals, Cellnex said in a statementBloomberg Terminal on Friday. Once the transaction closes, the company “will reassess its capital allocation priorities,” it said, in reference to a possible share buyback. Source link lol