• Most Popular
  • Most Shared

Poland sells 5 pct in Swiecie for PLN 67/shr

Thu Sep 17, 2009 2:00pm EDT

Stocks

   

WARSAW, Sept 17 (Reuters) - Poland sold almost all of its 5-percent stake in leading paper maker Mondi Swiecie CELA.WA for 67 zlotys ($24) per share, a spokesman for the Polish treasury ministry told Reuters on Thursday.

The price values the sale at almost 168 million zlotys.

The company, a unit of South African paper maker Mondi (MNDJ.J)(MNDI.L), ended Thursday's session on the Warsaw bourse 1.8 percent up at 66.3 zlotys.

The sale is part of the Polish government's wider push to unload small remaining stakes in already privatised companies. ($1=2.781 Zloty) (Reporting by Pawel Bernat; writing by Adrian Krajewski; editing by Simon Jessop)



More from Reuters

Photo

U.S. healthcare bill passes crucial Senate test

WASHINGTON (Reuters) - A broad healthcare overhaul passed its first crucial test in the U.S. Senate on Monday, with 60 Democrats voting to put President Barack Obama's top legislative priority on a path to passage by Christmas. | Video

» More Top News
A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

U.S.
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review