Poland to price PGE in privatisation pick-up

Poland restarted its privatisation programme on Thursday with a Z2.02bn-Z2.50bn ($643m-$796m) sale of stock in energy firm, PGE, a deal which was increased from its launch size and closed ahead of expectations.

  • 23 Feb 2012
The deal has yet to be priced or sized (further details later this evening and on Friday at euroweek.com/equity) but the last message to investors before books were closed at 3.45pm GMT was that the deal was covered and that orders should be at Z19.20 a share or ...

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