Piotr i Paweł close to finalizing M&A talks
03:03
Retail chain Piotr i Paweł is close to finalizing talks with a strategic investor, whose name will be disclosed once the deal is formalized, the company stated in a market filing. “Talks are advanced and we are getting close to the end of the M&A process,” said Robert Krzak, deputy CEO of Piotr i Paweł. At the end of June, Krzak told PAP that two potential investors were interested in acquiring the chain. The process of searching for a strategic investor has been in progress since autumn 2017. The chain has been on the market since 1990. It has 140 stores across the country.
