The National Property Fund (NPF) invites today preliminary bids for the state’s 51% stake in Ceske radiokomunikace. The deadline for preliminary bids is July 28, and (judging from previous comments by government officials), the final decision on a buyer should be made by the end of September. The NPF says that prospective investors should have experience in telecoms or media, or should be a financial investor or a combination of the above. The tender selection will be based on several criteria, including price. The government decided some time ago that the buyer of its 51% stake will not have an obligation to make a buy-out offer to other shareholders.
(Ondřej Daťka)