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In brief: DB lowers Optimus and Elektrim ratings; BASF in fertilizer bids

Analysts at Deutsche Bank have lowered the rating for computer company Optimus to "worse than market," attributing the firm's failure to find a strategic investor for its Onet.pl portal. Deutsche Bank also lowered its rating for telecommunications and power group Elektrim from "strong buy" to "market perform." (Puls Biznesu, p.6; Reuters)... The Treasury Ministry blocked yet another shareholders' meeting of insurer Powszechny Zaklad Ubezpieczen (PZU), prompting its junior shareholder, pan-European insurer Eureko, to suspect the Treasury was making plans to question the privatization of PZU. (Puls Biznesu, p.6)... Chemical giant BASF of Germany has disclosed it is contemplating bidding for four fertilizer producing plants in Poland. "We will neither take over an entire company nor begin production from scratch," said BASF Polska president Herbert Frankenstein. (Rzeczpospolita, p.7)... Poland's largest retail bank PKO BP S.A. has filed a motion to convene an emergency shareholders' meeting of apparel producer Wolczanka, in which PKO holds 20% stake, to select a new supervisory board on Dec. 14. (Parkiet, p.5)... Construction group Budimex has transferred real-estate holdings worth zl. 130 million to Unibud Development, the group's real-estate development arm. (Parkiet, p.3).

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