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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.

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