ABG Spin merges with Asseco Systems
opublikowano: 09-11-2007, 13:33
Warsaw (Puls Biznesu) – Another merger within the
giant IT group is planned. Asseco wants to merge its subsidiary with ABG Spin.
This means changes in the management of the latter company.
Another big IT merger is about to happen on the
Warsaw Stock Exchange. It is again going to happen within Prokom-Asseco group.
Asseco Systems which was supposed to be listed, may be merged with listed ABG
Spin worth PLN 550m (EUR 151.2m). The present ABG CEO, Dariusz Brzeski, would
then step down. He would probably be replaced by Andrzej Jaskolski, today’s head
of Asseco Systems. Four independent sources confirmed the news. Another one said
late in the evening that the plan may not be implemented because Dariusz Brzeski
reached agreement with Adam Goral, Asseco CEO, and will stay at the company.
“No comment. Different scenarios have been
considered. We will inform about decisions during the press conference on
Tuesday”, Dariusz Brzeski said.
According to “PB” sources, in case of a merger,
Asseco Systems assets would be conveyed to ABG in exchange for shares issued for
Asseco Poland. ABG would change its name into Asseco Systems. The changes suit
previous agreements between Asseco and Prokom. This mega-merger is going to be
concluded in Spring 2008. In effect, Prokom brand will disappear from the
market. However, the present merger with ABG Spin is surprising. Asseco said
earlier that first it would focus on merger with Prokom, and then consider what
place ABG should have within the group.
“The two mergers will go simultaneously. Dariusz
Brzeski wanted to buy ABG but Adam Goral did not agree”, “PB” source revealed.
(PLN 1 = EUR 0.275)