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UPDATE 1-Deutsche Boerse bids for control of Warsaw bourse
By: AFX | 06 Nov 2009 | 08:18 AM ET
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WARSAW, Nov 6 (Reuters) - Deutsche Boerse AG placed a final bid for a controlling stake in the Warsaw Stock Exchange from the Polish government, the German operator said on Friday. "In our offer we emphasise that Deutsche Boerse wants to fully support the Treasury Ministry's actions to strengthen Warsaw Bourse's position as a leading financial market in central eastern Europe," Senior Vice President Jochen Biedermann was quoted as saying in a statement. Deutsche Boerse, NYSE Euronext and Nasdaq OMX are in the running to take control of the Warsaw stock exchange after the London Stock Exchange, the only other shortlisted bidder, walked away from the offer last month. Potential buyers have until the end of Friday to place binding bids. The Warsaw bourse has build a strong position in the region, outdistancing rival Wiener Boerse in terms of the valuation of its listed companies. With a boost from the addition of Poland's top utility PGE on Friday following Europe's largest initial public offer this year, the combined value of the 376 companies listed in Warsaw stood at some $245 billion. (Reporting by Chris Borowski; Editing by Simon Jessop and David Holmes) ($1=2.855 Zloty) Keywords: WARSAW DEUTSCHEBOERSE/ (chris.borowski@reuters.com; +48 22 653 9712; Reuters Messaging: chris.borowski.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

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