Polish billionaire denies plan to sell stake in railway firm Newag

Mennica Polska SA

04/03/2015 10:56

WARSAW, March 4 (Reuters) - Polish billionaire Zbigniew 
Jakubas said on Wednesday that he does not plan to sell his 40 
percent stake in railway carriages producer Newag  NWGP.WA . 
    Daily newspaper Puls Biznesu reported in January that 
Jakubas's stake was being prepared for sale, citing an unnamed 
source. The stake is worth $112 million by current market 
valuation.  ID:nL6N0V509V   
    "This was total gossip. I don't want to comment on that," 
Jakubas told reporters on Wednesday. "We plan strong development 
(of the company)." 
 
 (Reporting by Jakub Iglewski; Writing by Marcin Goclowski; 
Editing by Wiktor Szary and David Goodman) 
 ((marcin.goclowski@thomsonreuters.com; +48 22 6539724; Reuters 
Messaging: marcin.goclowski.reuters.com@thomsonreuters.net)) 
 
Keywords: POLAND NEWAG/JAKUBAS