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CVC targets another investment in Poland

15:53

Following the acquisition of PKP Energetyka, private equity fund CVC Capital Partners is targeting another investment in Poland, a director of CVC said. "We have not said our last word," Przemysław Obłój, a member of CVC's London-based central and eastern Europe team, told Reuters. "We are currently eyeing one company, but I cannot reveal any more details. We do not limit ourselves to any one sector." Obłój also addressed concerns voiced by some politicians that CVC will sell PKP Enegretyka to a company outside Poland's control. "We agreed not to sell the company for four years, unless via a bourse flotation," Obłój said.  "We see significant growth potential in PKP Energetyka," Obloj added, noting it has around 40,000 clients and well developed networks in cities.    

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