U.S. investment funds may sell Agros stake to Pernod

American Investment Funds Highwood Partners, Edgewater Partners, Elliot Associates and Stambridge Holdings which hold a 16% stake of Agros Holding intend to sell their shares to Agros' strategic investor-France-based Pernod Ricard. The negotiations have been going on for several months. If Pernod decides to buy shares from two other funds, OBP Investors and 5E Direct registered in Cyprus, the French company's share in the capital of Agros would increase to around 90%. However, Pernod is still hesitating on whether to buy the shares due to the lack of explicit regulations concerning trademark registrations. So far Agros has registered several vodka trademarks including Wyborowa and Zubrowka. According to unofficial information, the French investor will pay zl. 50 per share. (Parkiet, page 1) A.Z.