Publisher WSiP sold to Muza for zl. 175 million

Yesterday, Treasury Minister Slawomir Cytrycki signed a zl. 175 million contract with Muza for the sale of the state's 51% stake in school books publisher WSiP. Muza president Marcin Garlinski refused to reveal any details, telling journalists to contact the Ministry. "According to our information the deal has not been signed yet," said Treasury spokeswoman Magdalena Nienaltowska. However, the Polish Press Agency informed that it had been signed and that it would be completed in a couple of months. According to various sources, Muza is raising the necessary capital for the purchase from an unnamed investment fund, which in return might become its shareholder. The company now has several weeks to negotiate the so-called social package with WSiP employees. (Rzeczpospolita, pp. A1, B1) M.M.