Reuters yesterday quoted two independent sources as saying that TeleDanmark’s bid for the state’s stake in Ceske radiokomunikace was approximately USD 300 mil., or CZK 742 per share. This information approximately corresponds to the report yesterday, by the Prague-based MFDnes daily newspaper, which quoted the bid at CZK 12 bil., or approximately CZK 764 per share. The stock gained yesterday on the back of the reports.
(Ondřej Daťka)