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The Warsaw Voice » Business » August 29, 2018
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Fighting for Polenergia
August 29, 2018   
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Dominika Kulczyk
Renewable power firm Polenergia's lead shareholder Dominika Kulczyk could struggle to cross the 90% mark in the company in the tender offer as Chinese fund China-CEE Investment Fund with 16% stake sees no benefit in selling shares at PLN 20.5 offered by Kulczyk, Puls Biznesu daily wrote citing sources close to the fund.
At the same time, state utility PGE, which is bidding on Polenergia at PLN 16.29 per share, will decide whether to increase the share price in the offer only in early September, individuals familiar with the matter told the daily.
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