Parrish Media N.V. signed an agreement to acquire 35% stake in Becolour Sp. z o.o. from PMPG Polskie Media SA (WSE: PGM) for PLN 1,750 on August 25, 2016. The agreement includes also sale of liabilities arising from the bonds held by the company and issued by Becolour. Parrish Media will acquire series A, B, C, D, E, F, I, J, K, L, L, P bonds issued by Becolour. Post acquisition Parrish Media will raise its stake in Becolour from 25% to 60%. Parrish Media N.V. cancelled the acquisition of 35% stake in Becolour Sp. z o.o. from PMPG Polskie Media SA (WSE: PGM) on August 25, 2017.