20 October 2017

Global exchanges vie for Polish bourse

23 July 2009  |  4230 views  |  0 stock quotes

Deutsche Boerse, London Stock Exchange, Nasdaq and Nyse Euronext have lined up as possible buyers of the state-controlled Warsaw Bourse.

The four competitors made preliminary offers for the exchange, which is 99% state owned, last month and have now been given the go-ahead to examine its finances.

Nasdaq controls exchanges in Lithuania, Latvia and Estonia. It is the only bidder that owns stakes in bourses in Eastern Europe.

The Warsaw bourse's sale is part of Poland's plan to raise 12 billion zloty ($3.9 billion) from the disposal of state assets this year. It plans to sell between 51% and 73.8% in the first stage of the privatisation and another 25% in two to three years.

The Warsaw Exchange is battling Wiener Börse for dominance in Central and Eastern Europe. Last year it acquired a 25% of Ukraine's Innex Exchange but lost out to Vienna in bids to take controlling stakes in the Prague and Slovenian bourses.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Nyse Euronext pays $200m for 20% stake in Qatar Exchange

Nyse Euronext pays $200m for 20% stake in Qatar Exchange

22 June 2009  |  4681 views  |  0 comments
Nyse Euronext to cut stake in Qatar venture as Q1 profit slumps

Nyse Euronext to cut stake in Qatar venture as Q1 profit slumps

30 April 2009  |  7720 views  |  0 comments
Vienna Stock Exchange to take over Prague bourse

Vienna Stock Exchange to take over Prague bourse

07 November 2008  |  4563 views  |  0 comments
Vienna takes Slovenian exchange

Vienna takes Slovenian exchange

20 June 2008  |  5025 views  |  0 comments
Athens and Warsaw bid for Ljubljana Stock Exchange

Athens and Warsaw bid for Ljubljana Stock Exchange

08 February 2008  |  5406 views  |  0 comments
Dubai and Qatar mulling LSE/OMX share swap deal - reports

Dubai and Qatar mulling LSE/OMX share swap deal - reports

23 October 2007  |  7286 views  |  0 comments
Nasdaq offloads remaining LSE stake

Nasdaq offloads remaining LSE stake

24 September 2007  |  4854 views  |  0 comments
Nasdaq and Borse Dubai hammer out OMX pact; QIA takes 20% stake in LSE

Nasdaq and Borse Dubai hammer out OMX pact; QIA takes 20% stake in LSE

20 September 2007  |  9000 views  |  0 comments
Qatari fund set to buy Nasdaq's LSE stake - reports

Qatari fund set to buy Nasdaq's LSE stake - reports

18 September 2007  |  4979 views  |  0 comments
Nasdaq to sell LSE stake

Nasdaq to sell LSE stake

20 August 2007  |  5472 views  |  0 comments
LSE shareholders vote in favour of Borsa Italiana merger

LSE shareholders vote in favour of Borsa Italiana merger

08 August 2007  |  7035 views  |  0 comments
Nasdaq to back LSE/Borsa Italiana deal

Nasdaq to back LSE/Borsa Italiana deal

02 August 2007  |  5499 views  |  0 comments
LSE gets investor support for Borsa Italiana merger

LSE gets investor support for Borsa Italiana merger

01 August 2007  |  6852 views  |  0 comments
Nasdaq bids for OMX

Nasdaq bids for OMX

25 May 2007  |  8935 views  |  0 comments
Warsaw Stock Exchange teams with OFI for online funds supermarket

Warsaw Stock Exchange teams with OFI for online funds supermarket

16 June 2003  |  2755 views  |  0 comments
Warsaw Stock Exchange partners Euronext

Warsaw Stock Exchange partners Euronext

08 February 2002  |  3571 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.vasco.comvisit www.atos.net

Top topics

Most viewed Most shared
satelliteGates Foundation backs Ripple collaboratio...
8521 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8483 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7570 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7023 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6632 views comments | 14 tweets | 23 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job