Polish retailer Wittchen revives listing plans

April 21, 2015 1:57 PM

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WARSAW, April 21 (Reuters) - Polish leather goods retailer Wittchen has revived plans to list its shares on the Warsaw bourse and aims for an initial public offering (IPO) later this year, two market sources told Reuters.

The retailer, controlled by the Wittchen family, had planned to list in Warsaw in 2011, aiming to raise up to 60 million zlotys ($16.15 million) for expansion and debt repayment. But it pulled the plans, citing unfavourable market conditions.

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