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Monday Papers: Private equity groups line up bids for Polkomtel - bid news and gossip

Potential suitors are lining up €4bn leveraged buy-out bids for Poland’s leading mobile phone operators.

The Guardian

* John Lewis expects to show half-year profits returning to 2008 levels, driven by homewares and fashion.

The Independent

* Tim Waterstone, the founder of the bookshop chain that bears his name, is reportedly mulling a bid to buy back the stores if the current owner, HMV, fails to improve the business by next year.

* Michael Grade, the former chairman of both the BBC and ITV, is said to be the favourite to acquire Andrew Lloyd Webber's £200m intellectual property estate.

Daily Express

* Anil Aggarwal hopes to raise £37million from the partial sale of his stock in iEnergizer.

* FXPro, trading firm, will today announce plans for a flotation on Aim that could value the business at around £200 million.

* House of Fraser is expected to reveal recession-busting figures for the first six months of the year.

* BP is looking to sell its entire stake in North America’s biggest oil field, Prudhoe Bay in Alaska, in a deal that could be worth up to $20 billion.

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