PGZ acquires PGE’s telco unit Exatel

Poland’s largest utility company PGE has signed a letter of intent to sell its telco unit Exatel to state-owned Polska Grupa Zbrojeniowa (PGZ) arms producer, the company informed in a press statement. “PGE and PGZ signed a letter of intent in which they voiced the will of cooperation aimed at selling Exatel by PGE to PGZ. The…

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