Three bidders for Smyk

Retail group Empik Media & Fashion (EM&F) has been considering sale of its subsidiary Smyk for a while. According to Puls Biznesu daily, there are three bidders in the game for the business valued at PLN 800 million - PLN 1 billion. The daily reported that the offers were made by such private equity funds as Bridgepoint along with Mid Europa Partners and, what is interesting Maciej Dyjas, the former CEO of EM&F. Dyjas has some stakes in Stock Polska, Zielona Budka and owns some real estate included in Griffin Group. Puls Biznesu claimed that Bridgepoint is the frontrunner in the race.