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Polish media tycoon may sell his pension fund-paper

Sat Sep 13, 2008 4:30am EDT

WARSAW, Sept 13 (Reuters) - Polish media tycoon, Zygmut Solorz-Zak, may decide to sell his pension fund, a newspaper said on Saturday.

The Polsat fund, one of the smallest with around 333,000 members representing 1 percent of the market, could be sold for even 400 million zlotys, daily Gazeta Wyborcza said.

"Amid the hopeful to buy Polsat are (third biggest pension fund in Poland) PZU 'Zlota Jesien', the French Axa and Dutch Aegon," daily quoted unnamed source taking part in the negotiations as saying.

Solorz-Zak, one of Poland's richest men, pioneered private broadcasting in Poland by setting up a private satellite TV company Polsat in early 1990s. Among other shares, he also owns 10 percent of the country's drug maker Bioton BOTN.WA. (Writing by Gabriela Baczynska; Editing by Ben Tan))



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