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Warsaw Stock Exchange intends to acquire 65% of Armenia Securities Exchange

18.09.2020 18:18

Warsaw Stock Exchange intends to acquire 65% of Armenia Securities Exchange

YEREVAN, September 18. /ARKA/. The  Warsaw Stock Exchange (GPW) Management Board and the Central Bank of Armenia (CBA) signed today  a term sheet concerning negotiations to purchase 65% majority interest in the Armenia Securities Exchange (AMX) by GPW, the regulator reported.

It said the agreement is not binding. The final terms of the acquisition will depend among others on results of due diligence and necessary corporate approvals.

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