Netia Places Binding Bid for Railway’s TK Telekom Unit, PAP Says

Netia SA (NET), Poland’s second-largest fixed-line phone company, and a consortium of Hawe SA (HWE) and IT Polpager SA, have both placed binding bids for phone operator TK Telekom sp. z o.o., which Poland’s national railways Polskie Koleje Panstwowe is selling, PAP reported, citing an unidentified person close to the sale.

To contact the editor responsible for this story: Marek Strzelecki in Warsaw at mstrzelecki1@bloomberg.net

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