Bookrunners value Poland's Wirtualna at PLN 1.0-1.3 bln in IPO -sources

April 1, 2015 2:48 PM

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WARSAW, April 1 (Reuters) - Bookrunners value Polish online media group Wirtualna Polska Holding at between 1.0-1.3 billion zlotys ($265.3-344.87 million) before its initial public offering (IPO) on the Warsaw bourse, market sources told Reuters on Wednesday.

Earlier this week, the group, owner of Poland's largest web portal Wp.pl, announced it wanted to hold the IPO in the second quarter, confirming an earlier Reuters report.

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