The Warsaw Voice » Business » News - December 6, 2017
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GPW to take over KDPW CCP
Listed WSE operator GPW is eyeing a takeover of the KDPW CCP financial settlement company, a unit of the national securities deposit KDPW assisting in the trading of financial instruments in Poland, the daily Dziennik Gazeta Prawna writes citing a KDPW insider.
GPW's plans assume the division of KDPW, currently co-owned by the Warsaw stock exchange operator, the central bank and the state treasury. The potential takeover would make it possible for GPW to offer post-trading services to European clients as the WSE operator is waiting for the new equity market strategy from the European Bank for Reconstruction and Development (EBRD), GPW's press office told the daily.