In Brief: LG Petro Bank takeover; Optimus and Compaq; Browary Strzelec

Nordea Bank Polska S.A. will soon finish talks about taking over LG Petro Bank. The Korean concern LG as well as PKN Orlen, KWB Belchatow and Energetyka Poznanska want to sell their shares in LG Petro Bank. (Puls Biznesu, p.7) ... The contracts between domestic hardware producer Optimus and Compaq concerning their cooperation in distribution and servicing would probably not be implemented. Spokesperson for Compaq, Malgorzata Walczak said they would make final decision by the end of the week, but the difficulties that Optimus has with its shares price on the Warsaw Stock Exchange (WSE) present problems for cooperation. (Puls Biznesu, p. 6) ... A beer producer, Browary Strzelec after restructuring its debt is planning to merge with Brok brewery, issue shares worth zl. 30 to 45 million and finally control 5 to 6% of the beer market. According to the chairman Adam Brodowski, this is the only way they can compete with other breweries. (Prawo i Gospodarka, p. 4) A.D.