U.S & Kulczyk versus European line up in G-8 bid

El-Dystrybucja, controlled by businessman Jan Kulczyk, is to finalize talks with potential investors who will work with his company to purchase a stake in the G-8 Group by July 18, the deadline when binding offers for the stake of the eight energy distribution companies has to be submitted to the State Treasury. According to unofficial information those which are seriously interested in participating with El-Dystrybucja, are American GE Capital, and AES, the largest energy concern in the U.S. El-Dystrybucja is also in negotiations with the European Bank for Reconstruction and Development, however, the bank is ready to join any consortium which will win the exclusive negotiations rights over the stake. The only competitor in the bid will be Belgium's Electrabel in a consortium with E.ON of Germany. (Puls Biznesu, pp. 1, 4) A.K.