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Treasury sets aside PLN400 mln for reprivatization deals

23:09

Poland has allocated PLN 400 million in its reprivatization fund. The money will be spent to buy back shares in WSE-listed companies. One of such deals should be announced this month. “As a result of this transaction the State Treasury will take a 100 percent share in one of the entities,” Deputy FinMin Leszek Skiba said. The fund will also be used to boost state-owned banks capital and other financial institutions.

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