Polish Billionaire’s Family Row Irks Pension Fund as Stock Drops - Tellbrief.com

Polish Billionaire’s Family Row Irks Pension Fund as Stock Drops

“We are very concerned about the current situation and the family conflict,” Szymon Ozog, chief executive officer of NN Group NV’s Polish pension fund, told Bloomberg. The fund owns 8.

9% in ZE PAK, data compiled by Bloomberg show, making it the firm’s second-biggest minority shareholder. The development comes amid uncertainty over Solorz’s empire, which besides power production also includes Cyfrowy Polsat SA, a media and mobile group.

The 68-year-old billionaire briefly joined Monday’s ZE PAK shareholder meeting via video, sitting next to his lawyer at a undisclosed location. Story continuesShares in Cyfrowy Polsat declined as much as 1.

4% on Monday, extending their drop from 2021 highs to 67%...

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