Central Transport Hub to buy 38% in Torpol

Central Transport Hub (CPK) signed a preliminary agreement to acquire a 38% stake in builder Torpol from state-controlled financial institution Towarzystwo Finansowe Silesia (TFS), the Deputy Minister of Funds and Regional Policy Marcin Horała said.

The deal comes as CPK eyed taking over up to 100% in Torpol, either directly or via its vehicle, Torpol said in another filing. CPK is an ambitious infrastructure project that will provide cross-country air, rail, and road connections.