Netla Management Ltd. has recently increased its stake in České radiokomunikace to 11.3%. Bivideon, Deutsche Bank's 100%-owned subsidiary, holds 71.9% and the size of other shareholders' stakes declined to 16.8%. Source: Security Register.
Separately, Cra BoD decided last week to postpone the planned acquisition of Contactel (a local alternative wireline operator) from TDC for USD 12m, the Euro weekly reports today. The weekly cited the transaction price as the major constraint - note that Cra sold its 40% stake in Contactel to TDC last year for CZK 1 and the BoD could not find clear arguments for defending the difference in the prices.
Jan Hajek