Polish magnate in North Africa buy
Issue 253
- 03 May 2013
| 1 minute read
Poland’s Kulczyk Oil Ventures (KOV) has agreed to buy Canadian minnow Winstar Resources in a cash and shares deal valuing Winstar at C$112m ($110.8m). KOV is 49.99% owned by Kulczyk Investments, founded by London-based Polish businessman Jan Kulczyk, who owns 10% of Ophir Energy and has been looking for North African opportunities.
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