Telecoms flotation
Currently, Polish shareholders are planning to float Polkomtel in 2005. TDC and Vodafone have a 20 percent stake each in the firm, and should the floatation go ahead they could find themselves with de facto control of the company without buying any more shares.
Analysts had earlier predicted that the two firms would seek to increase their share in the company by buying some of the 57 percent of stock currently in the hands of the three main Polish owners, who are oil group PKN, metals group KGHM and unlisted power grid PSE. (Reuters)
L.M.
Analysts had earlier predicted that the two firms would seek to increase their share in the company by buying some of the 57 percent of stock currently in the hands of the three main Polish owners, who are oil group PKN, metals group KGHM and unlisted power grid PSE. (Reuters)
L.M.
