LOT and PPL to dispose of Casinos Poland shares?
"We want to sell shares in CP by the end of the year, but relevant procedures have yet to be initiated," said Andrzej Kozłowski from the LOT press office. According to CP, there is interest from financial and sector investors.
Only foreign bidders are among the interested players and according to information from Rzeczpospolita, the list includes Olympic Entertainment Group and Thunderbird Resorts.
"Currently we are interested with starting talks on the purchase of shares in Casinos Poland. Plans could be changed, however, if an amendment to the law implementing an additional 10 percent fee on casino revenues comes to power," said Cezary Gizka, president of CP.
The Finance Ministry is planning to introduce these regulations by 2009.
Source: Rzeczpospolita (M.M.)
Only foreign bidders are among the interested players and according to information from Rzeczpospolita, the list includes Olympic Entertainment Group and Thunderbird Resorts.
"Currently we are interested with starting talks on the purchase of shares in Casinos Poland. Plans could be changed, however, if an amendment to the law implementing an additional 10 percent fee on casino revenues comes to power," said Cezary Gizka, president of CP.
The Finance Ministry is planning to introduce these regulations by 2009.
Source: Rzeczpospolita (M.M.)
