Polish bid for Tel Aviv Stock Exchange snubbed following Holocaust law rift, news says
The Warsaw bourse, GPW, has unsuccessful to make a shortlist of bidders for a Tel Aviv Stock Exchange following a tactful quarrel over Poland’s new law on a Holocaust, a Polish journal reported.
GPW, together with Polish state account PFR, was one of some-more than 10 unfamiliar batch exchanges that showed seductiveness in shopping a determining 71.7 percent interest in a Tel Aviv Stock Exchange, that was demutualised final Sep to turn a for-profit exchange.
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Business daily Parkiet, citing sources tighten to a Israeli government, pronounced a new predicament in tactful family after Poland enforced a law creation it a rapist corruption to advise Poland was complicit in a Holocaust, was a reason because a GPW bid would not be considered.
“We are available an central response from TASE,” GPW pronounced in an emailed response to Reuters when asked to comment.
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A mouthpiece for TASE declined to criticism when contacted by Reuters.
Israeli officials have pronounced a law amounts to Holocaust denial.