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LOT with a new investor?

11:14

LOT with a new investor?
The investing fund Indigo Partners is interested in investing in LOT Polish Airlines development, the newspaper Puls Biznesu  informed. The fund is currently in talks with the state treasury to sign a letter of intent. If it goes through, the proper negotiations for the deal will start. The fund is reportedly not interested in buying existing stock, but rather about increasing the air career's capital. According to the daily, Indigo Partners would like to invest in LOT even hundres of million PLN. Although the investor himself has not commented on this issue yet,  according to PB the fund would like to make Warsaw the main airline hub in CEE . The newspaper also added, that in the next five years a couple of thousand new worplaces may be created.

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