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In Brief: Templeton vs. Elektrim; CU Zycie funds; Unimil; Zycie Warszawy

Investment fund Franklin Templeton Investment said on Tuesday it welcomed the inquiry by Poland's Securities Commission (KPWiG) into its public calls for changes to the supervisory board of Elektrim S.A. Nicholas Fitzwilliams, the fund's representative in Poland, said Templeton did not break the law and will continue the battle to change the board. (Parkiet, page 1, Reuters) ... Commercial Union Zycie wants to diversify its offer by launching two 'aggressive' investment funds. One will be an index tracker, the other will create a portfolio based on blue-chips and technology stocks. (Puls Biznesu, page 7) ... In the wake of the recent call for a public bid for the stake in Unimil, Condomi acquired 72.8% of shareholder votes of Poland's biggest condom maker. Condomi and Unimil have also won exclusive rights to use the condom brand name Conamore in Poland. (Puls Biznesu, page 6, Parkiet, page 4) ... Contrary to recent rumors, Zbigniew Jakubas, the owner of the capital group Multico and Zycie Warszawy, said he was not planning to sell the local Warsaw-based daily, and wants to form a media and internet group. (Rzeczpospolita, page B3) P.S.

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