In Brief: Agora; Bank Gdansk president; G-8; Mystery PZU investor
Leading publishing company Agora announced that today or Monday it shall
issue a call for Art Marketing Syndicate (AMS) shares at zl. 44 each. Agora
previously planned to pay shareholders zl. 46 per share, but on Wednesday
lowered its offer. (Gazeta Wyborcza, p. 30) ... According to unofficial
sources, BIG Bank Gdanski president Boguslaw Kott could soon step down from
the post which he has held for 13 years. Former PZU president Jerzy Zdrzalka
is tipped as a leading candidate for the job. (Gazeta Wyborcza, p. 30) ...
El-Dystrybucja is still interested in participating in the privatization of
the G-8 power group, although it failed to clinch a deal with the Treasury
earlier this year, when it had been granted exclusive negotiating rights.
(Puls Biznesu, p.8) ... Treasury Minister Wieslaw Kaczmarek confirmed on
Thursday that a new investor had expressed interest in insurer PZU, after
EBRD officials said they might be willing to buy shares under the right
conditions. The entrance of another investor could tip the scales in a
protracted conflict between the Treasury and PZU's current strategic
investor, Dutch-based Eureko (Reuters). T.J.