JSW with conditional offer to takeover PBSz shaft builder

WSE-listed coal group Jastrzębska Spółka Węglowa signed a conditional offer to acquire 95.01 percent stake in shaft builder PBSz from mining machine manufacturer Kopex. “JSW assumes that the submission of the offer will allow for negotiation of the detailed terms and conditions of the contract for the acquisition of the majority stake in PBSz,” the company said in a market filing. According to JSW, the potential acquisition will be in line with the company's strategy. Back in November, its CEO Daniel Ozon said that the deal could be worth PLN 200-300 million.