The Eureko-PZU saga takes another twist

The Dutch company currently controls 31% of PZU's shares. Yesterday, the Insurance and Pension Fund Supervisory Commission (KNUiFE) was to study the motion and most probably would have accepted it as Eureko has already revealed that it has around zł.4 billion to finalize the transaction. "Eureko should analyze the situation and adjust to reality in Poland. I am waiting for the investor's reply concerning the postponement of signing an agreement and the Sejm debate," said Treasury Minister, Jacek Socha. It is unknown what the Sejm debate, which is planned for February 15-18, will lead to, however it is the government which has to agree on Eureko's plans to increase its stake. "We do not see any reasons why we should change the terms of the agreements which we negotiated in December. We have already made several compromises," said Lorrie Morgan, Eureko's spokesperson. (Puls Biznesu, p. 6) A.K.