In brief: LG Petro Bank; Nordea banks; SairGroup, LOT and Oneworld
South Korean electronics company LG is looking for a strategic investor for
its subsidiary LG Petro Bank, with Bayerische Landesbank of Germany
reportedly interested. At the end of 2000, the bank had assets of zl.2.44
billion. (Rzeczpospolita, p.B5) ... Gdynia-based Bank Komunalny will pay
between zl.67 million and zl.72 million for Bank Wlasnosci
Pracowniczej-Unibank. Both are controlled by Nordea, the largest financial
group in Scandinavia. (Rzeczpospolita, p.B5) ... According to aviation
sector analysts, SairGroup, which includes Polish Airlines LOT, is likely to
join the Oneworld alliance of airlines led by British Airways.
(Rzeczpospolita, p.B3) T.J.