Modlin airport shareholders reject French Egis offer

“Polish Airports” State Enterprise rejects the idea of a private investor at the Warsaw-Modlin Airport – according to “Puls Biznesu”. The French company Egis is interested in purchasing shares in the company.

“Polish Airports” State Enterprise has 27.86 percent shares in the company Mazowiecki Port Lotniczy Warszawa-Modlin. The remaining shareholders are: the Mazowieckie Province (36.17%), the Military Property Agency (31.56%) and the local government of Nowy Dwór Mazowiecki (4.41%).

“PB” reported that “the French Egis, which offered to buy up to 25 percent of shares in the Modlin Airport from PPL, “got a black soup”. The newspaper recalls that the French proposal was presented at a press conference in March by the Marshal of the Masovian Voivodeship.

The information from “PB” shows that while the French initially proposed to buy the shares from PPL or the Military Property Agency, now they are ready to join as another shareholder in a capital raise.

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