Empik-owning Eastbridge to make move on Ruch? HDS thinks otherwise

It is possible that it might work on reaching a settlement with France's HDS, which is currently involved in a dispute with the Treasury Ministry over an agreement to purchase Ruch shares dating back to 1996. However, Andrzej Kacperski, president of HDS Polska, told the press, "We are not discussing this issue with Eastbridge. We are still interested in purchasing Ruch, but our financial partner is CA IB." The president of Eastbridge preferred not to comment on the situation, although an anonymous source said, "Ruch has been cooperating with Empik for a long time. Eastbridge seems to be the best candidate for strategic investor for Ruch." (Puls Biznesu, pp. 1, 6) M.M.