The PPF subsidiary PPF Telco and other persons from the PPF Group have increased their stake in the Czech incumbent O2 CR from 83.58% to 90.01%.
Modern Times Group (MTG) has signed an agreement to sell its 95% stake in Nova Broadcasting Group in Bulgaria to PPF Group, the investment group majority owned by the Czech billionaire Petr Kellner.
The Czech group PPF has made an offer to the minority shareholders in O2, the incumbent telco it acquired from Telefónica earlier this year.
The Czech investment group PPF is seeking a loan of CZK24.8 billion (€900 million) from O2, the country’s incumbent telco.
The Czech investment group PPF is close to exiting the cable market in Ukraine.