Axel Springer and Solorz-Żak in capital tie talks?

However, the terms look like they will be much more closer than passive control of the German publisher over the broadcaster. This might concern a swap of Polsat shares for equity in publishing house Axel Springer Polska, or even its German parent company. This would mean that Zygmunt Solorz-Żak could also become the co-owner of among others, daily Fakt, Dziennik and monthly Forbes. Representatives of both companies refused to comment on the issue, but sources of Puls Biznesu claim that this is the reason for the delay in the transaction. According to the sources, the latest version of the deal envisages the transfer of shares, but also making an additional payment of EUR 100-150 million by the German publisher. The new concept was apparently made following the recent negative opinion on the planned transaction of the Competition and Consumer Protection Office (UOKiK). "There are no chances that Polsat will be floated in 2008. The real date is 2009," said Zygmunt Solorz-Żak. (Puls Biznesu, pp. 1, 4-5) M.M.