News Parkiet

Airlines

SkyEurope shy about its finances

Low cost airline SkyEurope didn?t bother to publish its IPO prospectus or even its financial statement three days after its shares were listed on the Warsaw Stock Exchange. The airline, which reported sales of 63 million euros last year, said it would post quarterly reports and other financial data on its Austrian website once they become available.

Trading on the WSE reflects the absence of information about the company. Yesterday, less than 700 SkyEurope shares changed hands.

Banking

Bank Austria makes a deal with UniCredito

Bank Austria may have made a deal with Italy?s UniCredito on the takeover of Italian lender?s Eastern European assets in a 4 -billion euro stock swap, an Austrian business newspaper said. Sources at the company wouldn?t confirm the news

Information technology

Comp to raise money for takeovers

Software house Comp Rzeszów plans to spend more than 60 million zloty on four new acquisitions later this year. The takeovers of two unnamed Polish ERP software makers and two Slovak companies will be financed with a new stock sale.

Insurance

Aegon cleared to buy TUnŻ Nationwide

The Netherlands-based Aegon received regulatory clearance to buy TUnŻ Nationwide, a mid-sized life insurer. The deal will close by mid-October and the company will be renamed Aegon TUnŻ early next year.

Equity markets

New asset management firm opens

Dom Inwestycyjny Nehrebetius, a new asset management firm that specializes in currency-based derivatives opened for business recently. Formed just a few months ago, Craców-based firm says it already has ?dozens? of customer accounts.