The Ministry of Finance held a seminar on the privatization forms of the state's 51% stake in CT, at which mostly technical aspects of the individual methods were debated. No conclusion was reached. The Ministry of Finance requested the Cabinet to postpone its decision until December 1 (earlier November 24 was also mentioned). Although the continued postponing suggests a Cabinet split on the decision, we believe that a capital market transaction is the most likely outcome given the fact that most ministries, including the Ministry of Finance, support this form. Source: CTK
Tomáš Gatěk, Patria Finance