Dresdner Kleinwort Benson (DKB) is looking to increase its stake in Polish confectioner Mieszko to 100%, as required by Polish securities law since it passed the 50% shareholding limit.
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Mieszko president Tomasz Gajdzinski told Interfax that the company, and the Polish Gajdzinski family, have offered to pay PLN9 (US$2.2) a share for the stock it does not already, a figure PLN0.22 above the six-month average.
Gajdzinski and DKB are connected in the stake by an agreement that means Mieszko will have a common policy and operations.