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In Brief; Elektrim and Vivendi; Kredyt Bank and PKB; Bank Slaski and PKP

An announcement is expected tomorrow on the details of the sale by Polish conglomerate Elektrim of its telecom assets to Vivendi Universal of France. The sale will include Eastern Europe's top mobile phone operator, Polska Telefonia Cyfrowa. (Reuters) ... A recent decision by Kredyt Bank to take over the assets of Polski Kredyt Bank (PKB) and to force minority shareholders to sell their stakes suggests that Kredyt Bank is on the point of launching a full takeover. Currently it holds a 98.2% stake in PKB. (Puls Biznesu, p. 3) ... Bank Slaski in Katowice will grant Polish State Railways (PKP) a zl.300 million loan. Part of the money will be spent by PKP on its employment restructuring program. (Puls Biznesu, p. 5) A.Z.

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