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Reuters: Pepco will go public in Warsaw

15:21

Reuters: Pepco will go public in Warsaw
Source: Wikimedia Commons

The largest IPO on the WSE is in the pipeline this year. Pepco Group decided to go public in Warsaw, not in London, Reuters reported, citing anonymous sources.

In late 2019 Steinhoff, the South African owner of Pepco, announced a review of strategic options for the owner of the discount chain. The media then reported that the probable scenario was a parallel debut on the London and Warsaw stock exchanges.

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