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Żywiec to whet its whistle with Warka after downing Leżajsk in one

The merger will be implemented on similar terms as that with Leżajsk, which it acquired last year. Under the deal, Żywiec will take over Warka's entire assets, and in return Warka's stockholders will receive Żywiec stocks of equivalent value. "The process of acquiring more and more breweries is to make the legal structure simpler and to optimize costs," revealed Krzysztof Rut, Żywiec Group corporate director, explaining that the money accrued from increased efficiencies will be spent on investments. This coming Tuesday, a meeting of Żywiec shareholders is set to take place and it is hoped that the matter of dividends will be resolved. Last year the group, which is owned by Heineken, earned some zł.206 million. (Puls Biznesu, p. 12) A.F.

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