The National Property Fund is trying to put Ceske radiokomunikace on the Cabinet’s agenda for Wednesday, July 25 (the last Cabinet meeting before a three-week government recess), when the Cabinet could decide on a TeleDanmark/Deutsche Bank bid for Ceske radiokomunikace. We do not know what the latest bid is; the latest unofficial report from one month ago put the bid at CZK 570-600 per share. Any decision to cancel or postpone Ceske radiokomunikace privatization would be negative for the stock, and therefore the stock will be sensitive to any news on the matter.
(Ondřej Daťka)