Empik plans IPO on Warsaw Stock Exchange in 2026 – media
Polish bookstore chain and marketplace retailer Empik plans to conduct an initial public offering on the Warsaw Stock Exchange next year, Bloomberg agency, citied information obtained from people familiar with the matter.
Bloomberg reported the company is working with advisors Morgan Stanley and Trigon Dom Maklerski on a potential debut.
One source estimates the offering could raise about EUR 200 million, while another says the size is still undetermined.
"Penta Investments Ltd., which owns a 49 percent stake in Empik, acquired the company in 2012 and restructured it, including delisting the entity holding the retailer's assets. Three years ago, Penta sold a majority stake to CEO Ewa Szmidt," the report said.
Agency sources say Penta Investments may reduce its stake further, but offer details could change, and it's unclear if new shares will be issued.
Penta, Trigon, and Morgan Stanley declined to comment on the potential debut.
Empik, in turn, said it does not comment on market speculation.
It was indicated that Empik's offering is to follow Smyk's planned IPO.
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