NYSE Euronext intends to take over the Warsaw Stock Exchange (WSE), reports Bloomberg.
During the economic forum in Davos the deputy head of Euronext, Jean-Francois Theodore, had announced to take over stock exchanges in Warsaw and Athens.
“We plan to focus on development in eastern and southern Europe and we will target stock exchanges in Warsaw and Athens first,” says Theodore, speaking to Bloomberg news agency.
There is no official information as to whether NYSE Euronext would purchase a minority stake of WSE shares or take over full control of WSE.
According to Ludwik Sobolewski, CEO, WSE, who spoke with Theodore during the forum in Davos, their talks did not concern the takeover, but cooperation after the privatisation of the WSE.