Two offers received in second attempt to sell Polmos Zielona Gora stake

The Treasury has received two offers in its renewed attempt to privatize spirits producer Polmos Zielona Gora (PZG). One bid is from a consortium of Undenberg of Germany and Adamby of the US. The other is reported unofficially to have been submitted by Bols. "The offers have been received. They are now being analyzed. But I can say right now that they are fairly attractive proposals," said Grazyna Magdziak, president of Business Analysts and Advisers (BAA), the Treasury adviser on the PZG privatization. The Treasury is believed to want to sell at least 5.1 million shares at a face value of zl.10 each. This is the second attempt to sell PZG. A consortium of Eckes of Germany and Vin & Sprit of Sweden decided to withdraw from negotiations earlier this year. (Puls Biznesu, p. 7) P.J.