Updated: Poland postpones PKO sale as Russia ponders over Sberbank

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Updated: Poland postpones PKO sale as Russia ponders over Sberbank

The Polish ministry of treasury on Tuesday confirmed the postponement of a secondary public offer of PKO Bank Polski shares which could have been worth as much as $2.7bn though said it hopes to complete the deal after elections in October. The chances of Russia completing a $5bn sale of Sberbank shares have also receded during extended market turmoil during the summer.

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