ZE PAK majority owner launches tender to delist Polish coal power firm

Argumenol, a vehicle of Zygmunt Solorz's family foundation, announced a tender offer for the remaining ~17.3 million shares of ZE PAK, aiming to take the Polish coal-fired power plant operator private. The move follows a trend of consolidation in Poland's energy sector and could signal a strategic shift away from public markets. The outcome depends on shareholder acceptance and regulatory approval.