Warta awaits investor shortlist and Arthur Andersen report on Polisa takeover

Analysts claim that anyone interested in Warta had to negotiate with its largest stakeholder Kulczyk Holding (49.99%). "I don't think that firms interested in Warta shares did not initially talk with Kulczyk Holding," said Pekao S.A. brokerage analyst Artur Szeski. "It doesn't mean, however, that this [Kulczyk] firm will influence the decision of who will get the shares." Also this week consulting firm Arthur Andersen's report should be made available, on which Warta will base its decision on whether to takeover another insurer Towarzystwo Ubezpieczeniowo-Reasekuracyjne Polisa S.A. However, market analysts say that the takeover will only take place when Warta gets enough funds from an investor. The report should quote the investment amount Polisa needs. (Rzeczpospolita, page B1)