Asseco Slovakia planning WSE debut

"Our debut on the bourse is scheduled for the first half of October," said Marcin Sadlej, representative of CA IB, which is supervising the share issue. Proceeds from the floatation will be mainly designated for acquisitions. "This will increase the company's value for new shareholders, as we take over very attractive entities with attractive ratios," said Jozef Klein, president of the company. In the first stage Asseco Slovakia will purchase two Slovak enterprises and in the second stage it will acquire 2-3 Czech companies, with all transactions to be concluded by the end of the year. "Their value can be estimated at zl.130 million. We only want a controlling stake, we do not always want 100%. It would be better if the companies' founders stayed in the companies and cared for their growth. Due to this we plan to spend zl.55-85 million for acquisitions," said Klein. (Puls Biznesu, p.11) M.M.