In brief: Nordea & BWP-Unibank; BCP & BIG BG; KGHM share scandal
Nordea Bank Polska, which owns 98.56% of BWP-Unibank, is planning to take
over the remainder of the bank next month. Scandinavian-owned Nordea will
receive all remaining BWP-Unibank assets in exchange for shares for BWP
employees. (Rzeczpospolita, p. B5) ... Banco Comercial Portugues (BCP) has
purchased all the available shares in BIG Bank Gdanski (BIG BG)'s rights
issue. When the transaction is finalized the Portuguese bank will increase
its 19.99% stake in BIG BG to 42.78%. (Gazeta Wyborcza, p. 29) ... The
Warsaw District Prosecutor has initiated an investigation into a September
incident in which an unauthorized individual, Ryszard Zbrzyzny, brought
about a fall in the share price of copper mining concern KGHM Polska Miedz
by disclosing confidential information. Zbrzyzny's comments brought the KGHM
share price down from zl.13 to zl.10.60. (Rzeczpospolita, p. B2) M.T.K.