Polish Investors Buy 80% of Enea Power Shares Offered by Treasury

Posted February 24th, 2010 in Business news by Ela Pawełek-Lubera

Polish investors purchased 80% of 70.9 mln shares of electricity firm Enea that were offered by the Treasury at PLN 16 apiece, the Treasury said in a statement.

Polish pension funds purchased 60% of the offer. The Treasury wants to offer one place at the supervisory board to a representative of pension funds, the statement reads.

The Treasury will now start the next phase of the privatization process of Enea, that is sale to a strategic investor.

Source: www.warsawvoice.pl

This entry was posted on Wednesday, February 24th, 2010 at 08:16 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.

Related Posts

  1. Five Potential Investors Short-listed for Treasury’s Stake in Enea
  2. Poland Sells 14 mln Shares in Lotos Fuel
  3. Government to Relaunch Enea Sale In Early 2010
  4. WSE Privatization Possible in H2 2010: Treasury Minister
  5. Stake in Polish Mint to Be Sold to Institutional Investors

No comments so far...

Leave a Reply