In Brief: Car sales; Bank Handlowy and BRE ; Empik and Muza; Orbis GDR’s
Yesterday Bank Handlowy and Bank Rozwoju Eksportu (BRE) received permission from the Office for Competition and Consumer Protection (UOKiK) on their merger due to take place by the end of the year. (Gazeta Wyborcza, page 27) ... Publishing house Muza and retailer Empik gained a 51% share and 49% share respectively of distributor Polska Dystrybucja Ksiazki (PDK). PDK distributes books, magazines, multimedia and cosmetics. (Prawo i Gospodarka, page 14) ... Polish travel agency Orbis said it wants to appear on the London bourse by trading its shares in the form of Global Depositary Receipts (GDR). (Reuters)