UPDATE 1-Warsaw bourse eyeing Prague stock exchange-source

finanznachrichten.de     08-Aug-2008            

WARSAW, Aug 8 (Reuters) - The Warsaw bourse is interested in bidding for a controlling stake in the Prague Stock Exchange (PSE) to expand its presence in central and eastern Europe's emerging markets, a source close to the market operator told Reuters on Friday. The Warsaw exchange, which lists 366 companies worth $340 billion, said in a statement on Thursday it welcomed the decision by Prague bourse's investors to start the process of selling a controlling stake. 'The statement can definitely be read as Warsaw bourse's determination to participate in PSE's ownership changes,' said an official close to the Warsaw bourse who asked not to be named. The official declined to elaborate. A Warsaw bourse spokesman was not immediately available for comment. PSE's main shareholders said earlier this week they are interested in seeking... [read full story]                    


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