Kruk TFI to acquire Presco Investment

Kruk Towarzystwo Funduszy Inwestycyjnych (Kruk TFI) has applied to the anti-monopoly watchdog UOKiK for the acquisition of Presco Investment I NS FIZ, 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.