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In Brief: PKN seeks RG merger; G8 group for sale; WSiP under the hammer

Representatives of PKN Orlen have officially announced that they are seeking a merger with Rafineria Gdanska (RG). The merger would form the region's largest producer and distributor of fuels, lubricants, and processed petroleum products. (Prawo i Gospodarka, p. 10) ... Treasury Minister Wieslaw Kaczmarek yesterday informed the media that his ministry is planning to sell a majority stake in the G-8 group, the owner of Poland's largest energy distribution network, not 25% of shares as earlier announced. According to Gazeta Wyborcza daily, potential investors will submit offers of up to zl. 1 billion. (Gazeta Wyborcza, p. 17) ... The State Treasury has once again invited interested parties to talks concerning the sale of at least 10% of Wydawnictwa Szkolne i Pedagogiczne (WSiP), a publisher of school textbooks. The deadline for submitting offers has been set for July 5, and the Ministry has until August 2 to respond to the offers. (Prawo i Gospodarka, p. 3) A.K.

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