BOS negotiating Berti takeover but two rivals are interested

"We are currently working on the details of the contract," said Marcin Prochacki, general director of Berti. He went on to say that two other competitors are also interested in taking over his company, but refused to reveal their names. According to Puls Biznesu sources, shareholders of BOS are not unanimous in terms of taking over the retail chain. "On the other hand we cannot allow Berti to be taken over by competitors," said an anonymous representative of BOS. Annual turnover of Berti reached z³.150 million in 2004. "We are not selling the company but acquiring a partner to help us achieve better prices and facilitate our development," said Marcin Prochacki, general director of Berti. The company's management board hopes that BOS will use the opportunity to hand over to Berti's management the stores that it operates prior to the IPO scheduled for 2007. (Puls Biznesu, pp. 1, 9) M.M.