Argan Capital on EUR 1 billion shopping spree

"Due to the fact that part of the investment can be debt financed, in practice we might designate EUR 0.8-1.2 billion for investments," said Wojciech Goc, managing partner of the fund. These funds will be designated for purchasing interesting companies in Europe. "We want to sign four transactions within 30-60 days. I cannot reveal the names yet, but it concerns service sectors such as financial and consumer goods.Negotiations are in their advanced stages. We are interested in projects exceeding EUR 100 million in value," said Goc. One such transaction concerns a Polish entity. "We are investigating about 300 enterprises, of which we are in talks with 30-40," said Goc. He went on to say that the fund expects a rate of return of 25-30% per annum with an investment perspective of 3-5 years. (Puls Biznesu, pp. 1, 11) M.M.