State sells TP stake

6 Aug 2010

The Polish Treasury has completed the gradual sale of its last remaining 4.15% stake in telecoms group TP SA, for PLN885 million (USD291 million), according to a company statement. The stake was sold between 14 January and 5 August in 44 sessions, the company said. The sale is a part of the Polish government’s privatisation plan which aims to raise some PLN25 billion from the sale of state assets in 2010.

Poland, Orange Poland