EBRD to take stake in Enea IPO?
The European Bank for Reconstruction and Development (EBRD) might take a stake in the $1.1bn IPO of Polish power company Enea, if it comes to market in November. But bankers are sceptical that the deal can take place at all in current market conditions, and the Polish treasury is mulling a cancellation. Read EuroWeek on Friday for the latest situation.
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