PPF plans to purchase Telefónica Czech Republic
According to the PPF investment director, Robert rustling, PPF plans to buy a stake in Telefónica Czech Republic. Instead, the financial group focused on the creation of a new mobile operator in the Czech market (ČTK).
Such a declaration is increasing pressure on shares of Telefónica Czech Republic, as likely to enter the fourthoperator seems higher and the market may continue to speculate about a possible sale of shares of the parent Telefónica SA, Telefónica Czech Republic through the market (even though we perceive it as a whole difficult). The statement may also be a tactical move to send the stock price Telefónica Czech Republic below.
On the other hand, these reports of a possible interest in joining the PPF HC2 collided share price, because the market had feared aggressive pressure alone PPF to reduce market prices and the resulting better negotiating position on price possible input telecoms leader.
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