Legia-Daewoo football team considering market launch
Warsaw football team Legia-Daewoo may enter the Warsaw Stock Exchange (WSE)
next year. Pol-Mot Holding, which is the majority shareholder in the club,
regards this possibility as one of the easiest options for Legia-Daewoo's
capitalization. "The decision will be taken in one or two months. We must
also remember that there are other possibilities for capitalizing Legia,
such as finding a financial partner," said president of Pol-Mot Holding,
Andrzej Zarajczyk. Two months ago Pol-Mot Holding increased its stake in
Legia-Daewoo from 40% to 70%. Pol-Mot representatives say that the
preparations for Legia-Daewoo's stock market debut will require many changes
to the firm's legal and financial structure. (Puls Biznesu, p. 4) A.Z.
