In Brief: Interia investor; Leroy Merlin; PZL Swidnik; Sapa says no to Yawal
One of the three National Investment Funds (NFI) managed by insurer
Powszechny Zaklad Ubezpieczen (PZU) could acquire a 20%-30% stake in the
Internet portal Interia by the end of the year. (Puls Biznesu, p. 2) ...
French do-it-yourself store chain Leroy Merlin plans to expand its network
in Poland from its current 5 outlets to 20 -25 within the next five years.
(Puls Biznesu, p 7) ... Five foreign investors are interested in buying
Polish helicopter manufacturer PZL Swidnik, namely Bell Helicopter of the
U.S., Aerospatiale of France, Agusta of Italy, German-French Eurocopter,
and Latecoere, which is a part of the Airbus conglomerate. The sell-off is
slated for the first quarter of next year. (Puls Biznesu, p. 8) ... After
conducting due dilligence at construction materials manufacturer Yawal of
Czestochowa, Swedish company Sapa decided not to proceed with a bid for
part of the concern. (Puls Biznesu, p. 4)