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Will the PZU privatization follow the success of PKO BP?

The Minister suggested that Eureko resigns from taking control over additional shares previously promised to the company and in exchange the Treasury would float them. The Ministry has already announced a tender for a privatization advisor, and according to experts, the PZU IPO might be a success similar to that of bank PKO BP. "Individuals should be interested in investing in the firm. However, the Treasury will maintain a golden share in PZU," said an anonymous privatization advisor. According to a privatization advisor, the state will float 20-25% of the shares worth roughly EUR 1 billion, while their individual prices should range from zł.130-180. (Puls Biznesu, pp. 1, 15) M.M.

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