Eureko and Polish Treasury deny PZU deal as deadline looms

Dutch insurer Eureko and the Polish Treasury have denied reports that a settlement has been reached in their long-running dispute over the country's u-turn on a privatisation deal for local insurer PZU. The next PZU shareholders' meeting on September 25 had been set as a deadline for the negotiations.

Reports in the Polish media have put the terms of a deal as a 12 billion zloty ($4.3 billion) dividend paid to Eureko in return for it liquidating the remainder of its stake in an initial public of

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