PPF Group

MTG sells Bulgaria’s Nova Group

MTG has sold its 95% shareholding in Nova Broadcasting Group in Bulgaria in a deal that values the full business at €185 million (SEK 1.83 billion). MTG sold its Nova stake to PPF Group, the investment company controlled by Czech billionaire and businessman Petr Kellner, with the deal forming part of MTG’s ongoing strategic transformation […]

Telefónica to sell O2 Czech Republic for €2.5 billion

Telefónica has agreed the sale of the majority of its stake in its Czech subsidiary to investment group PPF Group for €2.467 billion. Telefónica will sell 65.9% of Telefónica Czech Republic, retaining a minority stake of 4.9%. The sale, which also includes Telefónica Czech Republic’s operations in Slovakia, will see the company change its name. […]