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Softbank looks for acquisitions now that it has its order books full

This comes as a result of the realization of long-term contracts for the construction of IT systems for bank PKO BP and the central register of cars and drivers (CEPiK). The value of the 2006 portfolio is zł.275 million. Softbank is seriously considering the expansion of its capital group by acquiring new entities. The acquisition budget can amount to over zł.10 million. According to Korba, the first takeovers will be possible in the second half of the year. "We are mainly interested in large companies," he said. Apart from that, Softbank's president disclosed that the firm plans to enlarge its stake in Asseco Poland from the current 21.92% to 28%. A 6% stake would cost Softbank over zł.40 million. (Parkiet, p. 4) A.F.

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