Poczta Polska will enter bourse in 2016
11:43
State-owned postal operator Poczta Polska will be traded on the WSE next year, but before that happens, the company will be classified as a strategic firm, Polish daily Rzeczpospolita informed.
It means investors will be obliged to inform the Ministry of the State Treasury that they are interested in buying a share in the company. The ministry will have 90 days to make a decision whether to allow or block it.
The state will sell a 49 percent stake, retaining the majority of shares. According to analysts, Poczta Polska may raise between PLN 3 billion and PLN 5 billion.