Bivideon (a venture of Deutsche Bank and TDC), which owns 72% in Ceske
radiokomunikace, confirmed it is considering a voluntary public buyout
offer to CRa minority shareholders. It also confirmed it would reportedly
base the substantially buyout price on the average weighted trading price
over the last six months (currently at CZK 195.5) and an adequate
valuation, "disregarding recent or any forthcoming unusual trading
activity."We wait for further details, and until such time we no reason to get
excited at the prospect of the buyout.
Jiří Soustružník