PTI in talks to buy Hawe

Inwestment firm Powszechne Towarzystwo Inwestycyjne (PTI) has signed a letter of intent Trinitybay Investment Ltd and Marek Falenta on the possible acquisition of all shares in telecommunications infrastructure firm Hawe. The parties have agreed on a preliminary share price of PLN 3 apiece. Hawe’s equity is currently divided into 107,237,064 shares. The letter of intent expires on March 31, 2015. In late July, Hawe announced that it launched a search for a new strategic investor.