US Steel interested in PHS, regardless of F-16 offsets
American steel concern US Steel is willing to buy Polish steel concern PHS a
nd declared it would enter a bid regardless of the outcome of the government
's military airplane tender, and its related offset deals. "We have conducte
d due diligence of PHS. Details of our offer will depend on the tender requi
rements and the completion of Poland's negotiations with the EU," said Anton
Lukac, of US Steel Koszyce. However it is known that the company will accept
investment plans for PHS agreed with the EU amounting to about zl. 1.3 billi
on. "We also intend to avoid lay-offs," stressed Lukac. (Puls Biznesu, pp. 1
,6; Prawo i Gospodarka, pp. 1, 5) M.M.