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The Warsaw Voice » Business » May 8, 2014
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Poland sees interest in state stake in PHN real estate group
May 8, 2014   
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The Polish government has noted interest in listed real estate group PHN from a group of investors after closing the virtual data room before the Easter holidays, deputy Treasury Minister Pawel Tamborski told reporters.

"We are now waiting for a potential bid and what price is offered," Tamborski said.

After floating PHN on the WSE in February 2013, the government wants to conduct the second stage of privatization by mid-2014. The firm is 73%-owned by the State Treasury.

According to media speculation the list of potential investors includes Ghelamco, Lone Star fund, its unit GTC as well as private equity firms.
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