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Vivendi's call - EUR 2 billion buys new Era for PTC

"The management has been working for the whole weekend, studying the company's situation. The company is stable, and its continuation ensured. Everything is coming back to normal," ensured PTC director general, Tadeusz Kubiak, who was appointed by Deutsche Telekom and Elektrim. According to analysts, the recent battle for control over the telecom should not influence its financial results. Despite the fact that the battle seems to be over, the question of whether Deutsche Telekom is to acquire 48% in PTC remains unanswered. Meanwhile Vivendi's legal representatives announced that the French concern will demand EUR 2 billion compensation from all parties engaged in the battle over PTC. (Puls Biznesu, p. 6; Parkiet, p. 7) A.K.

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