In Brief: Amica investors; GTC sinks floatation; Zywiec; BRE sells Hestia
In Brief: Amica investors; GTC sinks floatation; Zywiec; BRE sells Hestia
White goods manufacturer Amica Wronki is holding talks with two
potential candidates to take a 25% stake in the company. (Puls Biznesu,
page 3) ... The management of Globe Trade Centre abandoned plans to float
the company on the primary floor of the Warsaw Stock Exchange (WSE)
because of limited interest of individual investors in the offering.
However, the company does not exclude floating its shares on one of the
minor floors of the WSE before the end of the year. (Puls Biznesu, page 6)
.. Poland's largest brewery group Zywiec is planning a zl. 150
million-zl. 250 million bond issue, which will most likely mature in three
years. (Puls Biznesu, page 7) ... BRE Bank confirmed that early next year
it will likely sell its 41% stake in life insurance company Alte Leipziger
Hestia, possibly to Munich RE subsidiary Alte Leipziger, which has a
majority stake in Hestia. (Puls Biznesu, page 7, Prawo i Gospodarka, page
10)