The fate of PZU once again hangs in the balance

The Ministry was planning PZU's IPO to take place in the middle of this year. "If the Ministry manages to finalize the tender within the next two weeks there is a chance that an offer can be prepared for May or June. If it fails to do so, this date will be simply unrealistic," commented one of the candidates for the adviser. In related news, Dutch Eureko within a couple of days might receive clearance from the Insurance and Pension Fund Supervisory Office (KNUiFE) to exceed engagement in the insurer to over 50%. The Office is under compulsion to make such a decision as the investor declared it has GBP 700 million of assets needed to finalize the purchase. (Parkiet, p. 1) A.K.