Soloż-Żak to withdraw Polkomet from WSE

23 March 2012

After a long struggle to acquire the Polish telecommunications company Polkomet, the businessman Zygmunt Soloż-Żak has revealed plans to withdraw the company from the Warsaw Stock Exchange. Polkomet board member Wojciech Pytel says the plan, in which the debt-laden company would be turned into a limited liability concern, need not mean exile from the WSE forever, though many analysts have their doubts. There is speculation that Soloż is could planning to merge Polkomet with one of his other listed companies, like Cyfrowy Polsat or NFI Midas.

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