In Brief: JTT stung again; CSFB chosen as PKO BP privatization adviser
JTT's president, Janusz Krasnopolski, said that he plans to sue KB, but the bank is under the impression that as it was the company's largest creditor it had the right to do this. (Puls Biznesu, p. 7) ... The State Treasury has chosen Credit Suisse First Boston in consortium with BGŻ Brokerage House to be the adviser to Bank PKO BP in its privatization process. It was the Ministry's fourth attempt to find an adviser and although the ministry's decision is final, the deal could still fall through as the other bidders might protest against the decision. (Puls Biznesu, p. 3) A.F./M.K.