Czech investment group PPF Group is allegedly considering selling part of its telecommunications infrastructure company CETIN to an investor or listing it on the Amsterdam stock exchange, the daily Hospodarske Noviny reported on September 20.
“Similar information has been circulating on the market for some time, and we would view the listing of CETIN, if it included the Prague exchange, positively given the recovery of the domestic market and almost as a replacement for O2 Czech Republic, whose minority shareholders will be squeezed out,” J&T commented.
According to Bloomberg agency, PPF Group is also reportedly considering changes for its consumer lending company Home Credit and is now in discussion with advisers about options on partnerships and selling stakes, particularly focused on Southeast Asia and India.
USM Holdings of Russian tycoon Alisher Usmanov approved selling its 45% stake in MF Technologies, a structure controlling a 57.3% voting stake and a 4.8% economic stake in VK (former Mail.ru) ... more
Global online exchange and cryptocurrency ecosystem provider MultiBank Group is appealing against a decision dismissing a case it brought against its former joint venture partner, German-based Von ... more
Russia's Ministry for Digitalisation has announced a tender for a super app that government officials would use to "improve security and independence of sanctions." The winner of the tender will ... more