Seba launches bid for takeover of Hydrobudowa Slaska

Construction company Hydrobudowa Slaska has announced that Katowice-based firm Seba intends to obtain 51% of votes at the general shareholders meeting, in an attempted hostile take-over. "We respect the decisions of our shareholders. Our reaction would be different if our future sector investor was a strong company, but in this case Seba employs eight people and runs businesses connected with coal, real-estate and liabilities. We have a workforce of 1,000 behind us and intend to defend our company," said Hydrobudowa's deputy president Jaroslaw Dusilo. (Puls Biznesu, p. 9) A.Z.