TDI has succeeded in providing advisory on significant M&A transactions, including privatisations. To name just a few: purchase by Vattenfall of an interest of ENEA SA in IPO in 2008, sale of “Polmos” Białystok SA in pubic offering accompanied by negotiations with an industry investor (the controlling stake was acquired by CEDC), public offering of the publishing house Wydawnictwa Szkolne i Pedagogiczne SA (WSiP), sale of paper-manufacturing Zakłady Celulozy i Papieru w Świeciu CELULOZA SA in pubic offering accompanied by negotiations with an industry investor, sale of the Kielce-seated bearers manufacturer Fabryka Łożysk Tocznych ISKRA SA, the insuring company Towarzystwo Ubezpieczeń i Reasekuracji WARTA SA, PEKAO SA, ROLIMPEX SA, Elektrociepłownia “Białystok” SA, Przedsiębiorstwo Energetyczne Systemy Ciepłownicze Częstochowa SA, Zakłady Przemysłu Wapienniczego Trzuskawica SA.