WSE loses out on becoming regional leader
The shareholders in Prague Stock Exchange (PSE), who are planing to sell a majority stake, failed to even invite representatives of the Warsaw Stock Exchange to negotiations, while the deadline for submitting offers is August 31. WSE was excluded from the talks due to the fact that it is a state controlled stock exchange.
Meanwhile, the president of the stock exchange in Vienna, Heinrich Schaller, the largest competitor to WSE in CEE declared that he will submit a bid. "I am surprised by such a move and the lack of action from the supervisory organs of the current shareholders of the bourse in Prague," said Deputy Treasury Minister Michał Chyczewski.
The owners of PSE want euro 600 million for their floor, but according to analysts it is worth euro 220 million.
Source: Rzeczpospolita (A.K.)
Meanwhile, the president of the stock exchange in Vienna, Heinrich Schaller, the largest competitor to WSE in CEE declared that he will submit a bid. "I am surprised by such a move and the lack of action from the supervisory organs of the current shareholders of the bourse in Prague," said Deputy Treasury Minister Michał Chyczewski.
The owners of PSE want euro 600 million for their floor, but according to analysts it is worth euro 220 million.
Source: Rzeczpospolita (A.K.)
