i-law

World Insurance Report

PZU privatisation

Europe

Polish Treasury minister Wieslaw Kaczmarek has delayed Eureko’s bid for a further 21% of PZU, adding to its 30% holding, by demanding changes in the privatisation agreement. He wants to maintain influence over strategic decisions at PZU even if Eureko obtains its majority holding. So far, no agreement has been made on the date of the company’s flotation.

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