Kruk gets green light to acquire Presco Investments

Polish anti-monopoly watchdog UOKiK has approved the acquisition of Presco Investment I NS FIZ by Kruk Towarzystwo Funduszy Inwestycyjnych (Kruk TFI), the office reported. Kruk and Presco signed a letter of intent in September with a view to purchasing the entire holding  and taking over the portfolio of liabilities worth PLN 2.7 billion. The value of the transaction could reach PLN 220 million.