Enea applies for acquisition of Bogdanka miner

State-controlled power company Enea has submitted a motion to the anti-monopoly watchdog UOKiK for acquisition of LW Bogdanka private coal miner, the media reported. Yesterday, on September 15, the state-owned company said that the price offered for the miner by power is "final."  On Monday, September 14, Enea announced that it wants to buy a 64.6 percent stake in Bogdanka, valuing the stake at PLN 1.48 billion, thus PLN 67.39 a share. According to Parkiet's sources, the Minister of the State's Treasury agreed that Enea could buy Bogdanka on the condition that it also acquires troubled state-owned mine, Katowicki Holding Węglowy (KHW). In August, Enea unexpectedly terminated its long-term contract with the mine.