Poland: PZU may have its IPO in December

APA - Austria Presse Agentur
opublikowano: 03-02-2005, 13:04

Warsaw (Puls Biznesu) – Poland’s Treasury Minister Jacek Socha proposed the Dutch financial group Eureko new conditions of the settlement. The most important change consists in shifting the IPO of PZU, Poland’s largest insurer, from June to December 2005. Now, the Dutch have to say whether they agree to the changes.

Warsaw (Puls Biznesu) – Poland’s Treasury Minister Jacek Socha proposed the Dutch financial group Eureko new conditions of the settlement. The most important change consists in shifting the IPO of PZU, Poland’s largest insurer, from June to December 2005. Now, the Dutch have to say whether they agree to the changes.

Eureko owns 31 percent of PZU. It filed a suit against the Polish government accusing it for refusal to sell further stakes of the company. Treasury said it had not promised it in the privatisation agreement.

The case is at the arbitrary court but the sides are trying to reach settlement. The court decision may be announced after February 15th. Polish Parliament is to convene between February 15th-18th, and Jacek Socha wants the Parliament to decide further steps.

© ℗
Rozpowszechnianie niniejszego artykułu możliwe jest tylko i wyłącznie zgodnie z postanowieniami „Regulaminu korzystania z artykułów prasowych” i po wcześniejszym uiszczeniu należności, zgodnie z cennikiem.

Podpis: APA - Austria Presse Agentur

Polecane