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Equity markets
Wienerberger mulls IPO prospects
in Warsaw
Clay brick-maker Wienerberger AG is considering a dual listing on the Warsaw Stock Exchange in addition to the bourse in Vienna, sources told PARKIET recently. ?A couple of weeks ago we?ve looked at the Polish stock market in terms of a possible listing there, but I can?t tell you anything more than that?, Wienerberger?s chief executive Wolfgang Reithofer told PARKIET, adding that speculations about the possible Warsaw IPO are ?premature?.
Wienerberger, which has market value of some 2 billion euros, owns a dozen brick-making plants in Poland. Its Central European unit accounted for one-fifth of last year?s revenue.
Bank Austria AG, former shareholder of Wienerberger, floated some of its stock in Warsaw in late 2003.
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