Poland's Multimedia calls off Warsaw re-listing on low demand

WARSAW Thu May 29, 2014 2:40am EDT

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WARSAW May 29 (Reuters) - Poland's No.3 cable operator Multimedia Polska called off its planned comeback to the Warsaw bourse due to low demand among potential investors, the group said in a statement.

The news confirmed an earlier Reuters report.

Multimedia was seeking to return to the Warsaw bourse three years after it de-listed. The planned offer was as seen as this year's largest in Poland and was initially priced at up to 950 million zlotys ($311 million). ($1 = 3.0551 Polish Zlotys) (Reporting by Adrian Krajewski)