Telefonica is close to a deal to sell a controlling stake in the largest Czech telecoms group in a deal valued at about EUR2.5B to PPF Group, according to Financial Times. The deal, which could be finalized as soon as today, would likely be followed by PPF launching a tender offer for the remaining 31% listed on the Czech stock exchange, the report noted.
- Mergers, Acquisitions & Takeovers
- Investment & Company Information
- PPF Group