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.