Cesky Telecom - buyer would be allowed to split the company after privatization

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Investiční bankovnictví KB

      Vice-chairman of the NPF said in interview with Bloomberg that the winner of the privatization of Cesky Telecom would be allowed to split the company to fixed and mobile part. He said that this step should attract an interest from companies like Vodafone of Orange (France Telecom). The scenario of privatization through capital markets would be considered only if sale to strategic investor fails.

       The news could calm down the market, as the government probably prefers sale to strategic investors to sale through the capital market, which would put the share price under pressure. The ability to split the company should also boost the investors’ interest.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.