Empik closer to sell language schools

Retail group Empik Media & Fashion (EM&F), Empik Internet and Cyprus' Bookzz Holdings Limited, which is one of EMF's shareholders has signed a not binding letter of intent initiating talks regarding the sale of Learning Systems Poland by Bookzz or some other entity included in Penta Investments, the company reported. According to a press release, the document does not obligate the sides mutually. Learning System Poland is a chain of language schools encompassing 115 units and 100,000 listeners.