Benefit acquisition deal under UOKiK scrutiny

WSE-listed employee benefits program operator Benefit Systems deal to purchase Calypso Fitness has raised objections from the antitrust watchdog UOKiK, which is worried that it could limit competition in the markets of sports and recreational packages offered to employers and provide access to sports and leisure services in fitness clubs. The objections raised do not prejudge the final decision on this matter, UOKiK said. In June this year, Benefit increased its stake in Calypso Fitness to 83.4 percent from the previous 50.1 percent, buying the new stake from Lobavio Enterprise Limited, Mikołaj Nawacki and Ilona Nawacka for PLN 81.25 million, pending UOKiK approval.