In brief: Katy on hold; Elektrim & Bankier; ESB energy; No Swiss UMTS
The Treasury Ministry put on hold the sale of a 12% stake in aluminum
component manufacturer Katy, most likely due to Katy's low stock price on
the Warsaw Stock Exchange (WSE). (Puls Biznesu, p.3) ... Telecom and IT
group Elektrim is reported to be the most likely candidate for strategic
investor in finance portal Bankier.pl. (Puls Biznesu, p.5) ... Irish
energy group ESB International is interested in taking over a network of
Polish energy distribution firms. ESB is ready to invest euro 600 million
in the initial phase of its involvement in Poland. (Parkiet, p.7) ...
Switzerland postponed its auction for third-generation mobile telecom UMTS
licenses due to an insufficient number of bids. Three potential bidders
withdrew on Friday, among them Hutchison Whampoa, which on the same day
announced it would not vie for a UMTS license in Poland either.
(Rzeczpospolita, p.B3)