As many as eight firms have expressed an interest in buying the up-for-sale controlling stake in Polish media network TVN, reported Parkiet.

On Wednesday, the market valued the 56 percent stake put on the market by ITI Holdings at zł.2.66 billion.

Because the interested parties come from different sectors analysts at Erste Group aren't ruling out the possibility that the company could be sold off in pieces. "I feel the company will be chopped up because the parties interested in TVN are either in the TV sector or in the online sector," Erste analyst Vaclav Kminek told the paper.

Analysts say one interested party might be interested in acquiring the internet arm of the company, if it fits the buyer's operations, but that same investor might not have an interest in the firm's TV arm.

Poland A.M.