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Enter Air suspends IPO

11:29

Poland's largest charter airline Enter Air has suspended its initial public offering due to weak market conditions, the company announced in a press release. "The turmoil in global financial markets caused by the situation in Greece has significantly weakened an investment sentiment. We did not want to place the offer at all costs hence the decision to suspend it,"  said Grzegorz Polaniecki, board member and CEO of Enter Air. Enter Air may return to the plan later in the year. The company announced earlier that it would debut on the WSE on July 16.

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