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The Warsaw Voice » Business » May 19, 2014
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Polimex may sell Torpol in IPO by end-June
May 19, 2014   
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Builder Polimex-Mostostal may sell its entire 100% stake in railway infrastructure construction unit Torpol in an IPO, Polimex-Mostostal acting CEO Maciej Stanczuk told PAP Polish news agency.

"Torpol will enter the stock exchange by end-June," Stanczuk said.
"Many factors indicate that we will sell the entire stake."

Polimex was talking about a strategic investor as the firm "had many offers on the table," but is committed to sticking to the timetable of selling the unit, the official said explaining the IPO decision.

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