In Brief: S&P's Netia rating; H.Bauer buys Twoj Styl; Mieszko share issue

Standard & Poor's has decreased the rating of domestic telecoms operator Netia from C to D. Independent audit companies are finishing assessments of the company's condition and are expected by bondholders to present their analyses concerning the company's debt restructuring in the near future. (Rzeczpospolita, p. B3) ... German publisher H. Bauer officially confirmed yesterday its acquisition of three titles from the publisher of Twoj Styl. The value of the contract was not revealed (Rzeczpospolita, p. B3) ... Mieszko S.A., a large Polish sweets producer, announced plans to issue shares worth zl. 10 million to Dresdner Kleinworth Benson in March of this year. The income will be used to decrease the company's debt, which reached zl. 44 million at the end of November 2001. (Rzeczpospolita, p. B4) A.K.