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Asseco may still buy Sygnity

11:41

The Office of Competition and Consumer Protection has extended its approval for the takeover of IT firm Sygnity by its market peer Asseco Poland for another year, the latter company said in a statement on Friday. Asseco had asked for the extension in order to maintain several options open for the further development of its capital group, the statement said. The approval was originally issued on July 11, 2012. “The strategy of the Asseco Group is to develop organically and through acquisitions,” said the company’s CEO Adam Góral. “We are considering acquisitions on various markets in the world and we also want to keep options open on the domestic market.”

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