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In Brief 2: Kulczyk and BP; EBRD purchase; Sale of Viva! Uroda

The Banking Supervisory Commission (KNB) is expected to approve the takeover of Bank Przemysłowy (BP) by businesman Jan Kulczyk at its next meeting in January. Kulczyk already controls the majority of votes in BP's board of directors. (Parkiet, p. 5) ... The European Bank for Reconstruction and Development (EBRD) intends to purchase a 30% stake in Polish firms from the Austria-based Uniqua group which sells property and life insurance. The remaining stake will remain in the hands of Austrian group. (Rzeczpospolita, p. B7) ... Deputy president of Edipresse Polska, Ewa Redel told Rzeczpospolita that the publisher is negotiating the sale of its monthly Viva! Uroda. Hearst-Marquard Publishing is reported to be very interested in the deal. (Rzeczpospolita, p. B3) A.Z.

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