Poland's PKN Orlen does not plan any more media acquisitions (updated)
14/12/2020 16:37
(Adds comments by PKN Orlen, Gremi Media and KCI)
WARSAW, Dec 14 (Reuters) - Poland's biggest oil refiner,
state-run PKN Orlen PKN.WA , said on Monday it does not plan
any media acquisitions other than its already announced takeover
of Polska Press from Germany's Verlagsgruppe Passau.
Earlier this month PKN announced it was buying regional
newspaper publisher Polska Press, bringing more local media back
into Polish hands. urn:newsml:reuters.com:*:nL8N2IN3Z3
Onet - a Web portal owned by Ringier Axel Springer Media AG
- then reported that the refiner could also be interested in
taking over Gremi Media, the owner of two nationwide dailies,
Rzeczpospolita and Parkiet.
"PKN Orlen has no plans to take over other media," state
news agency PAP quoted PKN Orlen's press office as saying.
Separately, Gremi Media said in an emailed statement that it
is not a party or subject to any proposals regarding changes in
its ownership structure.
Also on Monday, the chief executive of KCI, the company that
owns Gremi Media, said in an interview published by
Rzeczpospolita daily that while it is looking to sell up to 60%
of its shares to smaller investors, it remains a strategic
investor in Gremi Media.
(Reporting by Alicja Ptak and Agnieszka Barteczko in Warsaw
Editing by Susan Fenton and Matthew Lewis)
((agnieszka.barteczko@thomsonreuters.com; +48226539700; Reuters
Messaging: agnieszka.barteczko.reuters.com@thomsonreuters.net))