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PPF Group completes 2.8 billion acquisition of Telenor's Eastern European operations
2018-08-01 02:00:00| Total Telecom industry news
PPF Group has completed the strategic acquisition of a clutch of telecoms assets from Telenor in Hungary, Bulgaria Serbia and Montenegro. Having received all the necessary regulatory approval from the relevant authorities…read more on TotalTele.com »
Tags: group
operations
european
eastern
Telenor to sell east Europe mobile operators to Czech PPF Group for EUR 2.8 bln
2018-03-21 08:46:00| Telecompaper Headlines
(Telecompaper) Telenor has agreed to sell its mobile operators in Hungary, Bulgaria, Montenegro and Serbia to Czech investment group PPF for EUR 2.8 billion. PPF already owns the Czech operator O2 and is buying Bulgarian TV group Nova from MTG.
Risks in steel workers' pension deal, says PPF
2016-06-21 14:12:03| BBC News | Business | UK Edition
The lifeboat scheme that protects pensions when a company fails has raised concerns over a proposed one-off government deal for steel workers' pensions.
Tags: deal
steel
workers
risks
PPF may split O2 Czech
2014-08-14 02:00:00| Total Telecom industry news
Report claims operator to separate wholesale fixed business from its mobile operation.
Telefonica sells Czech operator to PPF for EUR 2.5 billion
2013-11-05 09:35:00| Telecompaper Headlines
(Telecompaper) Telefonica has agreed to sell a majority stake in Telefonica Czech Republic to the private equity firm PPF. For the 65.9 percent stake, which includes also Telefonica Slovakia, PPF will pay EUR 2.467 billion (CZK 63.6 billion). This includes an initial payment of EUR 2.063 billion and EUR 404 million over the next four years. Telefonica will also receive a dividend of EUR 260 million from the Czech operator before the deal closes and maintain a 4.9 percent equity stake in the company. As part of an industrial and commercial partnership with the new owner, Telefonica Czech Republic will be renamed but continue to have rights to the O2 brand for four years. In addition, the company will become part of Telefonica's Business Partners Program. Telefonica said it will use the proceeds of the sale to reduce debt and realise a capital loss of EUR 56 million on the transation in Q3.
Tags: eur
czech
operator
billion