PKP Cargo privatisation details announced

EBRD said the sale would be the 'first example of a partial privatisation by means of an IPO to be carried out in the rail sector in the region', and may encourage other governments to privatise their freight businesses.

POLAND: National freight operator PKP Cargo has announced details of its forthcoming floatation. An initial public offering on the Warszawa Stock Exchange is planned, with book building to end on October 22 and trading to start on October 31.

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