Poland's largest IPO could raise up to €1.4bn

PKO Bank, the leading Polish retail bank, will raise 6.15bn zloty (€1.4bn) if it prices at the top of its range in what will be the biggest initial public offering in Polish history.

Credit Suisse First Boston and BGZ, the Polish bank, have set a price range of between 17.50 zloty and 20.50 zloty per share for the issue.

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