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Wittchen to debut on WSE? - Reuters

10:44

Polish leather goods retailer Wittchen is considering entering the Warsaw Stock Exchange again, and is planning on holding its initial public offering (IPO) late this year, according to Reuters, which cited two anonymous market sources. "Wittchen has renewed its Warsaw listing plans. The offer should land this year," a source said on Tuesday. Another source confirmed the news, Reuters reported. The retailer had planned to trade its shares on the WSE in 2011, aiming to obtain PLN 60 million for expansion and debt repayment, the agency reminded. However, it postponed plans, due to unfavorable market conditions. Wittchen has not commented on the news. The company owns a chain of 52 brand stores.  

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