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2010-07-26 - 14:43:00 - DJ NYSE May Mull Minority Stake Buy In Warsaw Bourse,But Not Now-CEO
 

*DJ NYSE May Mull Minority Stake Buy In Warsaw Bourse, But Not Now-CEO


(MORE TO FOLLOW) Dow Jones Newswires

July 26, 2010 10:25 ET (14:25 GMT)

*DJ Poland Likely To Offer Minority Stake In Warsaw Bourse In 2-3 Yrs


(MORE TO FOLLOW) Dow Jones Newswires

July 26, 2010 10:29 ET (14:29 GMT)

*DJ Warsaw Stock Exchange Sees IPO In Early November - CEO


(MORE TO FOLLOW) Dow Jones Newswires

July 26, 2010 10:30 ET (14:30 GMT)

*DJ Poland To Offer Majority Stake In Warsaw Bourse In Nov IPO


(MORE TO FOLLOW) Dow Jones Newswires

July 26, 2010 10:31 ET (14:31 GMT)

*DJ Warsaw Bourse May Become Market Leader In Central Europe - NYSE


(MORE TO FOLLOW) Dow Jones Newswires

July 26, 2010 10:35 ET (14:35 GMT)

DJ NYSE May Mull Minority Stake Buy In Warsaw Bourse,But Not Now-CEO



WARSAW (Dow Jones)--NYSE Euronext (NYX) may consider buying a minority stake in the Warsaw Stock Exchange sometime after the Polish stock market's initial public offer in November, NYSE Chief Executive Duncan Niederauer told a teleconference Monday.

NYSE Euronext and the Warsaw Stock Exchange said earlier in July they agreed a strategic, long-term cooperation partnership which involves the Polish bourse's cash and derivative markets migrating to the universal trading platform supplied by NYSE Technologies.

Polish Treasury Minister Aleksander Grad had told Dow Jones Newswires in June that the WSE was in talks with a strategic partners which may buy a minority stake in the business from the treasury after the company's planned November initial public offering.

WSE Chief Executive Ludwik Sobolewski said Monday he believed the Polish government would put its minority stake on the market within two or three years from the IPO.

The Polish treasury holds 98.8% in the WSE and plans to offer around 63% of shares in the IPO.


-By Marcin Sobczyk, Dow Jones Newswires; +48 22 447 2432; marcin.sobczyk@dowjones.com


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(END) Dow Jones Newswires

July 26, 2010 10:43 ET (14:43 GMT)

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