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Tiffi's Owner Awaits Profit.
(From Polish News Bulletin)
Prochnik's board is very fond of the new investor from Nidzica. The investor, Tiffi, has increased its participation from 4.95 to 7.7 percent. However, Prochnik is still lacking a majority investor, which puts it under major threat of a hostile takeover, just as Vistula & Wolczanka hunted down W. Kruk. The risk would be reduced if Tiffi bought more shares. This can only happen if Prochnik yields profits. In the first part of the year the company ...
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