Will a new government veto the takeover of Polkomtel?

The two investors co-own Polkomtel together with Polish companies KGHM, PKN Orlen and PSE, with the state controlling a significant stake in each of them. They have been conducting negotiations to buy from the Polish shareholders all of Polkomtel shares, with the exception of a stake of around 20%, which would be sold on the Warsaw Stock Exchange (WSE). However, time is running out for the deal to take place before the autumn general and presidential elections. Meanwhile, the Civic Platform (PO) and Law and Justice (PiS) parties, which are likely to form the next government, will replace the management boards of KGHM, Orlen and PSE before any deals go through. Moreover, Kazimierz Marcinkiewicz of PiS, tipped to assume the post of Treasury Minister, says bluntly "I see no reason for the Polish [mobile telecom] market to only feature such brands as [soon-to-replace Idea] Orange, [likely to replace Era] T-Mobile and Vodafone, controlled by international telecom firms. Polkomtel is the only Polish mobile telecom operator and it should stay that way." (Puls Biznesu, p. 5) T.J.