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Momentum is building among investors for the Z5.7bn ($1.67bn) IPO of Poland's largest bank, PKO Bank Polski.
Roadshows began this week for the deal, which is expected to generate the most demand ever for a Polish issue, surpassing the Z13.5bn of orders for oil refiner PKN Orlen in July 2000.
A price range of Z17.5 to Z20.5 was announced on Friday. There are 105m shares in the international tranche, 90m in the...