More and more PE funds looking for takeover opportunities in Poland
20:58
Low costs of obtaining funds for investments, as well as qualifying Poland to the group of developed markets mean that more and more funds are looking for takeover opportunities in our country, as Karol Szykowny, the head of the merger and acquisition team Navigator Capital noted. On the other hand, industry investors are now less willing to takeovers in the face of the economic slowdown.
Szykowny reminded that currently, the market expects several large transactions, including the sale of mBank, the merger of PKN Orlen with Grupa Lotos or the recently announced exit of the Finnish investor Fortum from assets in Poland and the Baltic States.
According to him, the trade will always be popular. A network of Pepco stores has been put up for sale, present throughout Europe, including in Poland. Portfolio companies such as Żabka or Allegro will probably be ready to sell, in the medium term, and these processes may slowly start this year.
(ISBnews)