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AVG, the world's fourth-largest developer of anti-virus software, will debut on the Warsaw Stock Exchange in the second half of 2010, according to Parkiet.

At the same time, the firm will be listed on either the London, New York or Euronext exchange.

"AVG is a recognizable brand and thus we want to interest global investors in its shares and not only Polish investors. This means that the value of disposed equity must be really high," said Dariusz Prończuk, partner at Enterprise Investors (EI).

Representatives of EI, which is the largest shareholder of AVG, do not hide the fact that the value of the company's public offer might amount to at least zł.1 billion. It might be even higher if the firm carries out a planned acquisition of one of its competitors.

According to analysts, the Czech company, which is developing very rapidly, has no loans, posts very high earnings and thus should eventually have no problem placing its own shares on the market.

Sources: Parkiet; Rzeczpospolita