WARSAW, March 7 Private equity firm Mid Europa
Partners (MEP) plans to sell a minority stake in Polish mountain
tourism firm Polskie Koleje Linowe (PKL) in an initial public
offering (IPO) later this year, one of its partners told
"We plan PKL's debut this year ... We want to maintain
control over the company," Zbigniew Rekusz said.
He added the brokerage unit of Polish state-run lender PKO
BP and Pekao IB were working on the IPO.
MEP bought PKL in 2013 from state-owned railway firm PKP.
The ruling Law and Justice party (PiS) has criticized the former
government for selling PKL to a foreign investor and has said it
will attempt to buy it back.
Last month MEP agreed to sell Polish retail chain Zabka to
CVC Capital Partners private equity fund in a deal valued by
local media at around 1 billion euros.
(Reporting by Agnieszka Barteczko; Editing by Mark Potter)