Locked content PKO BP bank gets approval to take over Kopernik

Poland’s largest lender PKO BP got the “go ahead” from the anti-monopoly and consumer rights watchdog UOKiK fot the takeover of the Kopernik savings & loan (SKOK). Kopernik held PLN 353.9 million in assets at end-June 2014, down from PLN 364 million at end-2013. It generated PLN 42.2 milli...

Locked content Poland second in M&A activity in Central and Southeastern Europe ...

With 112 deals in the first half of 2014, Poland came first in the Central and Southeastern Europe (CSE) region, according to a report issued on Thursday by consultancy EY. In terms of deal value, Poland came third, with $2.5 billion. Turkey was the leader in both categories, with 153 deals worth a ...

Locked content Atalian to acquire Metro Properties Services

Facility management company Atalian Poland has filed a motion with the Office of Competition and Consumer Protection (UOKiK) for the acquisition of another industry firm Metro Properties Services, a subsidiary of the Metro Properties group, the watchdog informed. “The decision to sell MPS is part of...

Alior buys Meritum Bank

Polish lender Alior Bank has signed an initial agreement to take over 97.9 percent shares in Meritum Bank, standing for 95 percent of the voting power, for PLN 352.5 million, the bank said in a statement on Tuesday.

Locked content H+H to take over Prefabet?

Concrete blocks producer H+H Polska has applied for approval from the Office of Competition and Consumer Protection for the takeover of local market peer Grupa Prefabet, the watchdog said on its website. Grupa Prefabet is the Polish market leader on the autoclaved aerated concrete market. The compan...

Locked content Port Gdański Eksploatacja with new investor soon – sources

The Treasury will decide on the privatization of port facility Port Gdański Eksploatacja (PGE) most likely this week, according to sources quoted by ISBnews. A consortium formed by freight railway firm PKP Cargo and coal exporter Węglokoks is one of the bidders for 100 percent in PGE. Another is Mar...

Locked content Skarbiec Holding preparing IPO

Fund management firm Skarbiec Holding may soon publish its IPO prospectus, according to brokerage sources quoted by Puls Biznesu. The company is considering an offer of 3.2 million shares, standing for a 46 percent stake. The IPO value may be at PLN 170-220 million. Nevertheless, the IPO is only one...

GE mulls sale of Bank BPH

US giant Geneneral Electric Company (GE) is analyzing the possible sale of shares in its Polish banking unit, Bank BPH, the lender said in a statement on Wednesday.

Locked content Abris buys AAA Auto

Polish private equity fund Abris Capital Partners has agreed to take over 80 percent in used car dealership AAA Auto, the fund said in a statement quoted by ISBnews. The remaining 20 percent will remain in the hands of Anthony Denny, the founder of AAA Auto. “The investment horizon is three-four yea...