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In Brief: AMS deal completed; Elektrim sets price for ET; Telbank shortlist

The takeover bid for shares of the biggest outdoor advertising agency Art Marketing Syndicate (AMS) by Agora was completed yesterday. The original bid per share was zl. 46, but this dropped to zl. 42 after the company announced poor financial results last month. Agora has already announced it will withdraw AMS from the Warsaw Stock Exchange over the next three years. (Puls Biznesu, p. 8) ... Elektrim wants at least euro450 million for its 49% stake in Elektrim Telekomunikacja, which owns 51% of the shares in Polska Telefonia Cyfrowa (PTC), operator of Era GSM. (Parkiet, p. 1) ... Three companies were placed on the short list with investors to purchase 74% stake in Telbank, the tele-information company servicing banks, from National Bank of Poland (NBP): Tel-Energo, Enterprise Investors, and Russian-based Antel Holdings. The transaction is worth around zl. 400 million. (Puls Biznesu, p. 5), M.T.

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