GPW hopes to return to cooperation with Tel Aviv Stock Exchange

The Warsaw Stock Exchange (“GPW”) counts on the return of cooperation with Tel Aviv Stock Exchange, GPW President Marek Dietl said on Friday. “I hope that after the ownership transformations we will return to operational cooperation, at the moment they are busy with other things. But I hope that we will cooperate…” Dietl said. In March GPW jointly with Polish Development Fund submitted an initial, non-binding offer for the purchase of 71.7 percent shares in Tel Aviv Stock Exchange. However, Polish bid was rejected. Potential price of the offer, according to the media was at least PLN 490 million.