Zygmunt Solorz-Zak Places Final Offer for Polkomtel

Polish media mogul Zygmunt Solorz-Zak has put in a final bid for mobile operator Polkomtel, Reuters reported, though the size of the bid was kept under wraps. Polkomtel, which was put up for sale by Vodafone and a handful of Polish state-linked companies, could reportedly fetch as much as $6.6 billion. Private equity firms Apax and Bain Capital are also among those in the running for Polkomtel.

(Reuters) – Polish media mogul Zygmunt Solorz-Zak has placed a final bid for Poland’s No.2 mobile operator Polkomtel [PTL.UL], a source close to the discussions told Reuters on Friday.

The person declined to give the value of the offer.

Analysts have estimated Polkomtel to be worth up to $6.6 billion enters final stage.

Polkomtel was put up for sale by Vodafone and Polish state-linked companies: oil refiner PKN , utility PGE , miner KGHM and coal exporter Weglokoks.

Last month, the sellers have shortlisted Solorz-Zak, Sweden’s TeliaSonera , private equity firm Apax [APAX.UL] and a joint venture of Telenor and Bain Capital, with Friday an official deadline for final bids.

(Reporting by Adrian Krajewski; Editing by Chris Borowski)