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Interest in Telefonia Dialog should be known by next week

"I believe that next week will be of key importance for finding out the scale of interest in Dialog. By then interested companies should have requested the information memorandum," said Andrzej Kowalczyk, director from KGHM. Among the entities which received the teasers are domestic telecom operators, investment funds, as well as foreign telecom operators. According to unofficial information, Puls Biznesu says that the transaction should be carried out very quickly and potential investors will have to submit their written offers by mid December. Later in December KGHM will prepare a shortlist of investors entitled to carry out due diligence. KGHM stressed it was determined to dispose of the telecom operator as soon as possible and according to the current schedule this could take place in January. The transaction is apparently being carried out very fast due to an expected change in the management board in the copper conglomerate. (Puls Biznesu, pp. 1, 7) M.M.

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