Draft privatization contract for Cesky Telecom waits for government’s approval

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Investiční bankovnictví KB

      FNM reportedly received proposal of the privatization contract for Cesky Telecom. It still has to be approved by the government. According to sources close to the privatization, some people involved in the privatization do not like the construction of the deal, when C-Tel owned by Baker&McKenzie is a buyer. They reportedly require Deutsche Bank to become direct and transparent owner of C-Tel before the privatization is completed.

       Usage of a special purpose vehicle is not unusual is acquisitions. The situation can be solved by precisely constructed privatization contract. The market will know focus on any possible delays in privatization, which could be caused by different opinions on some statements in privatization contract or delays in discussion within the government.

      

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.