Bank Zachodni, Telekomunikacja May Move: Central European Equity Preview

The following is a list of companies whose shares may have unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close.

Poland’s WIG20 Index gained 0.6 percent, the Czech PX Index lost 0.6 percent and Hungary’s BUX Index advanced less than 0.1 percent.

Bank Zachodni WBK SA (BZW PW): BNP Paribas SA, France’s biggest bank, is offering to pay “the most aggressive” price for a controlling stake in Bank Zachodni, Allied Irish Banks Plc’s Polish unit, Rp.pl reported, citing a person close to the transaction that it didn’t name. Allied Irish is seeking from 210 zloty to 215 zloty per Zachodni share, Rp.pl, the Rzeczpospolita newspapers’ website, cited another person close to the deal as saying. Zachodni added 1.6 percent to 189.9 zloty.

Telekomunikacja Polska SA (TPS PW): Poland’s largest phone company said a court ruling that ordered it to pay about 2.9 billion kroner ($502 million) to DPTG I/S will have a negative impact on its earnings this year. The decision won’t affect the dividend, the company said. Telekomunikacja shares dropped 0.5 percent to 17.1 zloty.

To contact the reporters on this story: Piotr Skolimowski in Warsaw at pskolimowski@bloomberg.net

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