In Brief: G8; Kopex; CAIB crosses thresholds in three NFI shareholder votes
The Office for Competition and Consumer Protection (UOKiK) has consented to the creation of the G-8 group that will see the consolidation of eight power distributors. G-8 will have a 17% market share and around two million clients. (Parkiet, p. 1) ... Kopex, a company that specializes in the complex realization of investments, has lent zł.4.27 million to its subsidiary Autokopex to be used to build a new Honda salon and a service station. The loan is due to be repaid by mid-2008. (Parkiet, p. 3) ... The Securities and Stock Exchange Commission (KPWiG) has accepted CAIB Fund Management’s crossing of the 50% of votes threshold during the shareholders' meeting of three national Investment Funds (NFIs), viz. Progress NFI, Drugi NFI and NFI im. Kwiatkowskiego. However, the stock will change hands only with the consent of the PZU Group, the main shareholder in the three NFIs. (Parkiet, p. 3) D.W.