Poland Sells 14 mln Shares in Lotos Fuel

Posted February 10th, 2010 in Business news by Ela Pawełek-Lubera

Poland sold 14 mln shares of listed fuel firm Lotos for 406 million zlotys, or PLN 29 per share, in the process of fast-track book-building, the Treasury Ministry said in a press statement.

Over 80% of the offer was sold to Polish institutional investors, with private pension funds buying 45% of the shares, the ministry said.

The deal also aroused interest on the part of foreign players, including investors from the UK, Sweden and Switzerland.

Source: www.warsawvoice.pl

This entry was posted on Wednesday, February 10th, 2010 at 07:57 and is filed under Business news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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