According to Radio Zet, former president of Orlen Daniel Obajtek wanted to create a real media empire, and the purchase of Polish Press was to be just the first step. The published information shows that the purchasing list was also the company Gremi Media, the publisher of the Republic of Poland “and” parquet “.
The published information shows that the negotiations on the takeover lasted from April to October 2021. ORLEN cost a total of about 600,000. zloty. This money was used to pay the “company F”, which was commissioned to carry out financial diligence and valuation. It cost Orlen 450 thousand zloty. Another invoice, this time at 179 thousand PLN, which was found during the audit, is the costs of paying a law firm.
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What did these conversations bring to Orlen? Ultimately, nothing. The company submitted another, non -binding, offers for the purchase of 73.81 percent of shares in Gremi Media. From the published information that he started from PLN 116 million to finally increase the offer to PLN 130 million.
However, the transaction did not take place, and Gremi Media was later sold for a much higher amount.
