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Poland Eyes Grocer as It Takes Back Control of Economy

  • Ruling party leader says Zabka chain is an acquisition target
  • Zabka’s owner CVC Capital Partners declines to comment
A Zabka Polska SA grocery store in Warsaw.
A Zabka Polska SA grocery store in Warsaw.Photographer: Lukasz Sokol/Bloomberg
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Poland’s de facto leader has revealed a plan to buy the country’s biggest grocery chain, Zabka Polska SA, in the state’s latest attempt to tighten its grip over the economy.

“We’re moving in this direction,” Jaroslaw Kaczynski, the head of the ruling Law & Justice party, told a rally in Pulawy, eastern Poland, late on Wednesday. The government has pledged to “take back most strategic parts of our economy from the hands of the foreign capital,” he said. The state may also soon buy PKP Energetyka, a power distribution company, according to Kaczynski.