WARSAW, March 17 Polish retail chain Dino said
on Friday the Polish Financial Supervision Authority (KNF) had
approved the prospectus for the firm's planned initial public
The prospectus, the firm said in a statement, will be
published on March 20. It would not disclose the estimated value
of the IPO or when it could take place.
The debut on the Warsaw Stock Exchange may be the
bourse's biggest share offer this year.
The company's founder and owner, Tomasz Biernacki, will
remain the firm's majority shareholder with a 51-percent stake.
Private equity fund Enterprise Investors (EI), which owns a
49 percent stake in Dino, said in December it expected the IPO
to raise more than 1 billion zlotys ($250 million). EI said at
the time that it planned to sell its entire stake.
($1 = 3.9875 zlotys)
(Reporting by Lidia Kelly and Anna Koper; Writing by Lidia
Kelly; Editing by Keith Weir)