Polish convenience store group Zabka plans to raise up to 6.45 billion zlotys ($1.67 billion) for shareholders in its initial public offering this month, potentially the biggest IPO in Warsaw since 2020.

Investors led by private equity fund CVC Capital Partners Plc seek to raise as much as 6.45 billion zloty ($1.67 billion) in an initial public offering of Poland’s Zabka Group SA, Europe’s largest chain of convenience stores.

Zabka, the Polish convenience store operator, is seeking to list on the Warsaw Stock Exchange in the country's first IPO since 2021. The deal comes two years after a failed attempt that was stymied by market conditions.

Investors led by private equity fund CVC Capital Partners Plc seek to raise as much as 6.45 billion zloty ($1.67 billion) in an initial public offering of Poland’s Zabka Group SA, Europe’s largest chain of convenience stores.

CVC Capital Partners Plc is planning an initial public offering in Zabka Polska SA in what could be Poland’s biggest first-time share sale in at least three years.

Polish convenience store group Zabka plans to raise up to 6.45 billion zlotys ($1.67 billion) for selling shareholders in its initial public offering (IPO) this month, potentially the biggest IPO in Warsaw since 2020.