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Any bidder welcome

"We are waiting for the Ukrainian side to prepare a business plan and the whole structure of the transaction aimed at capital engagement in FSO. It is known that ZAZ would like to assemble in the plant the new Lanos models, the rights to which it purchased from GM Daewoo," claims a representative of the Polish government. The takeover of FSO will not be possible without an agreement between the potential investor and six domestic banks over the purchase of the car firm's debts (most probably for one third of their value). So far only four banks have agreed to the transaction. (Poland A.M.)

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