Polish state-owned energy company PGE has selected ING to advise on the sale of its stake in mobile operator Polkomtel.
The company will prepare and carry out the sale of its 21.85% stake with other shareholders.
“Our objective is to acquire the best…
Polish state-owned energy company PGE has selected ING to advise on the sale of its stake in mobile operator Polkomtel.
The company will prepare and carry out the sale of its 21.85% stake with other shareholders.
“Our objective is to acquire the best possible price in this transaction, and we can achieve this by offering a majority shareholding together with the other Polish shareholders in Polkomtel. Such an offer will surely be very interesting for potential investors,” said Tomasz Zadroga, Management Board President of PGE.
KGHM and Vodafone each hold 24.39% of Polkomtel, while PGE holds 21.85% and Weglokoks 4.78%.
Oil refiner PKN Orlen has appointed Nomura for the sale of its stake.
The company was considering listing Polkomtel and had appointed Unicredit.