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EBRD may co-finance TK Telekom sale

16:45

The European Bank for Reconstruction and Development has offered to co-finance the purchase of shares in TK Telekom by potential investors, railway group PKP said in a statement on Wednesday. PKP received a letter of intent from the EBRD suggesting such an option. The bank also informed potential investors about the possibility. TK Telekom is PKP’s telecommunications subsidiary. The railway group has recently announced it would relaunch the sale of the company.

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