Recordati registers Polfa Kutno complaint with KPWiG

Last Monday, Recordati's management board asked the Securities and Stock Exchange Commission (KPWiG) to start proceedings against the two companies, although both Polfa Kutno and Ivax have rejected the Italian firm's accusations. "Ivax acts 100% in accordance with the law in all markets, including the Polish one," said Przemysław Schmidt of Trigon, a company currently advising the American firm in its bid to acquire Polfa Kutno. (Parkiet, p.4) A.F.