According to the National Property Fund’s (NPF) spokeswoman, the tender for the state’s 51% stake in Cesky Telecom will be formally opened today (December 21). The ministerial commission agreed on the text of the advertisement yesterday and it will be published on Thursday (December 23). Note that preliminary bids are due during the first week in February, with bidding bids due on March 24. The Cabinet should select the winner by March 31. If no winner is chosen the stake will be sold via the capital markets.
Tomáš Gatěk, Patria Finance