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Optimus to take over endangered JTT?

Optimus is considering taking over troubled JTT. According to unofficial sources quoted by Puls Biznesu, the management boards of both PC producers are currently negotiating the possibility of Optimus purchasing JTT's new share issue. One scenario is that Optimus would control up to 60% of the doubled capital of the smaller partner, speculated an insider. "It's true we are in talks with JTT. But it is difficult to say whether it would end successfully. It is a complicated matter," said an anonymous source in Optimus. The idea of a merger, which was discussed for the first time two years ago, has recently been strengthened due to the struggle between JTT and the tax authorities over unpaid VAT and custom duties. Although the PC maker has won the legal battle, the state is dragging its heels over r efunding the outstanding zł. 23 million. As a result, JTT is facing the danger of bankruptcy and is ready to join forces with Optimus, that went through similar difficulties. The planned takeover of JTT's contracts for delivery of PCs worth zł. 12 million by Optimus, seems to be an important sign of future cooperation. (Puls Biznesu, p. 4) M.K.

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