ZA Tarnów IPO worth zł.300 mln

Polish chemicals and fertilizer maker Zakłady Azotowe Tarnów's IPO will be worth more than zł.300 million, said Deputy Treasury Minister Joanna Schimd last week. She added that the debut of the state-controlled company was scheduled for June 30.

The IPO is set to be one of the largest privatizations on the WSE this year. The firm plans to use the proceeds to boost output.

Fertilizer shares worldwide have broken records this year as demand has soared.

Source: Reuters