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Investing.com -- Polish retailer Empik SA is planning an initial public offering on the Warsaw Stock Exchange in 2026, according to a Bloomberg report on Monday.
The book, music, and school supply retailer is said to be working with advisers including Morgan Stanley and Trigon Dom Maklerski SA for the potential listing.
The offering may raise approximately €200 million ($233 million), although the final size has not yet been determined.
Penta Investments Ltd., which currently holds a 49% stake in Empik, is looking to reduce its ownership further through this offering. Three years ago, Penta sold a majority stake to Empik’s Chief Executive Officer Ewa Szmidt.
The report added that details of the offering could still change, and it remains unclear whether the issue will include any new shares.
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