Belvedere relève son offre sur bialystok

par mareva , Barjac, vendredi 01 juillet 2005, 16:17 (il y a 7093 jours)

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13:49 GMT, Jul 01, 2005 Latest Headlines...


Belvedere's Sobieski Dystrybucja raises offer for 61% of Polishdistiller Polmos Bialystok
Warsaw. July 1. INTERFAX-EUROPE - France-based Belvedere-daughter
Sobieski Dystrybucja increased its offer for a 61% stake in Polish vodka
maker Polmos Bialystok and guaranteed employment for a 10-year period in
a new offer submitted to the State Treasury, the Treasury said Friday.
The offer came after the Treasury unsuccessfully completed
exclusive negotiations with Sobieski, granting exclusive rights, which
expire on July 1, 2005, to the American Central European Distribution
Company (CEDC) instead.
The previous negotiations with Sobieski failed after union protests
at Polmos, one of Poland's largest vodka producers. The Treasury may yet
consider a third party, Poland's Polmos Lublin, in the sale.
The sale of the Bialystok stake to a strategic investor should help
bolster Bialystok shares after their poor performance following a recent
initial public offering (IPO).
Polmos Bialystok is one of Poland's leading spirits makers and in
2004 took some 21% of the market, according to the firm's own
calculations. It exports some 5-8% of production, measured by value of
sales.

MO/RV

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mareva