The finance minister supports a sale via capital markets, adding that the Cabinet should decide today and not delay its decision any further. According to earlier information, 11 out of 18 ministers support the SPO privatization form, but lately more ministers to be inclined toward a dual approach, i.e. address strategic investors and only in case of no interest sell the stake in capital markets. The PM earlier said that he would support an SPO subject to the possible price obtained. Separately, the PM met with TDC and Swisscom officials earlier this week saying that the offered price and future plans for Cesky Telecom would be the decisive factors in the sale. The potential investors reportedly asked to be able to carry out due diligence in CT before submitting any offer.
Source: Reuters, CTK
Emilia Zampieri, Patria Finance