Bank Handlowy may well sell funds to Legg Mason

A decision concerning the sale of its shares could be made during the next session of bank's supervisory board next week, on Thursday. It follows disposal of similar units by the parent company of BH Citigroup to Legg Mason. This company is also one of the three bidders for the investment assets of BH. "We will not comment on this information," said Jeffrey Bukowski from Legg Mason's press office. According an industry source, Legg Mason's bid has the highest chance of success. "Due to this we have given up the idea of submitting our offer," said the informer who works for a competing firm. According to Parkiet another offer was placed by ING, which owns a similar company in Poland controlling total assets worth zł.5.8 billion. (Parkiet, 24-25 September, p. 1) M.M.