Tuesday, October 20, 2009

London not interested in Warsaw bourse

From: polskieradio.pl
The London Stock Exchange (LSE) will not be applying for shares in a privatised Warsaw Stock Exchange, press reports in the UK suggest.

An anonymous source has told the Financial Times that Warsaw does not fit into a new strategy to be pursued by the LSE.

It had been thought that the four market giants lining up for a share of the Warsaw bourse were Deutsche Boerse, London Stock Exchange (LSE),NASDAQ OMX and the New York Stock Exchange Euronext (NYSE Euronext).

At least 51 percent of shares for the Warsaw Stock Exchange are up for grabs in the privatisation program for institutional investors.