Pension funds won’t sell Polenergia stock in tender offer

A number of pension funds (Generali OFE, NN OFE, and Aviva OFE) announced that they will not be selling their shares in WSE-listed power utility Polenergia in a tender offer by Dominika Kulczyk and Mansa Investments. The three entities control 19.9 percent of the company’s stake. The funds deem the PLN 20.5 price tag per…

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