The Polish Antimonopoly regulator UOKiK gave Ringwood Financial the green light to take the controlling stake in Polish Real Estate Holding (PHN). The transaction is not expected to impact the market. PHN is currently waiting for a decision from financial supervisory committee KNF about when it can enter the Warsaw stock market. Market watchers speculate, PHN could hit WSE next month. The company is currently 100 percent controlled by the Polish Treasury.
