Lentex shareholder says not in talks now to buy stake in Czech Pegas |
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Tue, 19 Jun 2007 10:15
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WARSAW (Thomson Financial) - Polish textiles manufacturer Lentex is not currently in talks to buy a majority stake in Czech textile firm Pegas Nonwovens from the Pamplona private equity fund, Lentex's largest shareholder said.Pamplona controls 43 pct of Pegas, one of Europe's leading fabrics supplier to makers of fabrics for nappies and hygienic towels. A lock-up period for the sale of its stake expired on Monday, prompting market speculation it would sell it on the market or to another investor.'I'm not currently in talks with Pamplona over the Pegas stake,' Krzysztof Moska, who controls around 15 pct of Lentex, told Thomson Financial News. 'We last met in May. We might meet in the future, but nothing is scheduled right now.'piotr.skolimowski@thomson.com +48 22 447 24 36ps1/jsaCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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