Penta Investments to takeover Learning Sytems Poland

Penta Investments equity fund has applied for acquisition of Learning Systems Poland, a chain of language schools, the media reported. Learning Systems Poland is included in retail group Empik Media & Fashion (EM&F), Penta Invstments controls the group. A letter of intent between Empik Internet and Cyprus' Bookzz Holdings Limited (also owned by the fund) was signed on October 22. Learning Systems Poland is a chain of language schools encompassing 115 units and 100,000 users.