Polsat boss ready to fuel power plant by selling TV shares

In return he is expecting the transfer of shares in a lignite mine to PAK. "I cannot imagine that over the longer term these two entities could operate separately. A merger is expected by interested investors. Otherwise they will not invest their money if they have no influence over the price of energy production," said Solorz-Żak. Amongst the companies interested in participating in the investment in PAK are Swedish Vattenfall, Czech CEZ and Spanish Iberdola. "We expect one of them to place a binding offer that will allow commencement of due diligence within the next three weeks," explained the Polsat owner. (Puls Biznesu, pp. 1, 6) M.M.