Poland sells Handlowy stake for $76 mln-sources - News

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Poland sells Handlowy stake for $76 mln-sources

By: AFX | 09 Nov 2009 | 08:35 AM ET

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WARSAW, Nov 9 (Reuters) - Poland's treasury ministry sold its 2.5 percent rump stake in Citigroup's Polish arm Bank Handlowy for some 215 million zlotys ($76.2 million) on the open market, two market sources told Reuters on Monday. "The treasury sold its entire stake for 66.30 zlotys per share," one of the sources said. By 1316 GMT, Handlowy shares traded 1.9 percent higher at 66.95 zlotys. The treasury ministry was not immediately available for comment. (Reporting by Piotr Bujnicki and Maciej Onoszko, writing by Chris Borowski) ($1=2.820 Zloty) Keywords: HANDLOWY/ (chris.borowski@reuters.com; +48 22 653 9712; Reuters Messaging: chris.borowski.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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