Electrabel still chasing remaining shares in Elektrownia Polaniec

Electrabel of Belgium intends to purchase the remaining 60% stake in one of the country's largest energy producers, Elektrownia Polaniec (EP). According to unofficial information, the value of the stake has been estimated at over zl. 600 million. To compare, the 25% stake previously bought in EP by the Belgian company cost zl. 350 million, making the value of the remaining 60% lower by 20%-25%. But, along with the previously acquired minority stake Electrabel also took effective control over EP. There have already been a number of failed attempts to finalize the new transaction, however each time the event has been postponed. Consequently, there is no guarantee that this attempt will end any differently. (Puls Biznesu, p. 8) A.Z.