Hawe looking for strategic investor

19 September 2012

The rail operator Hawe is looking for a strategic investor to raise as much as PLN 250m from the stock market. “According the board’s recommendation, the new investor will be acquiring the shares at PLN 6 per share, but we leave the door open for negotiations,” said Jerzy Karney, Hawe’s chairman.
The names of potential buyers are being kept confidential, but a strategic investor is expected to be announced later this month. “We’re not interested in acquiring an investor, who gives the highest price to enter the company. We are looking for a business partner who can expand the company’s capital but also ensure further development for our business,” Karney said.

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