In Brief: Tel-Energo, Telbank; Mostostal Plock; PAN; PKN Orlen, BP

Tel-Energo has received exclusivity rights for the purchase of a 74% stake in Telbank from the National Bank of Poland. Tel-Energo, controlled by the Polish power grid PSE, has ten days to put the finishing touches to the offer. (Parkiet, p. 3) ... Construction company Mostostal Plock (MP) has acquired an 18.6% stake in Mostostal Invest for around zl. 7 million. Thanks to the investment MP will become the main contractor in a development project estimated at zl. 450 million. (Parkiet, p. 4) ... Contrary to expectations, new authorities of the Polish Academy of Sciences (PAN) have not been selected. None of the four candidates for the post has obtained the required number of votes. Another attempt at selecting the authorities is planned in two months. (Rzeczpospolita, p. A4) ... Top refining firm PKN Orlen will announce today a buy of German-based fuel stations from British BP, the group's first major cross-border acquisition, a source close to the transaction said. (Reuters) ... Leaders of mining trade unions and the government hope to agree terms during today's negotiations. The unionists claim that if they do not reach an agreement with the government they will decide tomorrow on when, and in what form, a strike will be organized. (Rzeczpospolita, p. B2) A.Z.