PGNiG Plans to Bid for Vattenfall’s Polish Assets, SPEC in 2011

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Polskie Gornictwo Naftowe i Gazownictwo SA, Poland’s dominant gas company, plans to bid for Vattenfall AB’s Warsaw heat and power assets this year, the company known as PGNiG said in a regulatory statement on March

22. PGNiG values the purchase at 2.8 billion zloty ($978 million) to 3.2 billion zloty.