Research (J&T BANKA)
Czech markets  |  January 17, 2013 08:53:01

MfD - interest on PPF HC2 has more psychological level, PPF risk by influencing market

The MFD is also speculation regarding interest on PPF Telefonica CR. According to the newspaper, rather a psychological level than a concrete offer. Diary also mentions pressure PPF to Telefónica by the joint cooperation, which he said is not achieved, the financial group will take steps to influence the market in order to make cheaper takeover. These speculations are less likely to consider and do not see room for such coercion or its effectiveness with regard to the potential interest of PPF market penetration of mobile telephony. At the same time attempt to perceive the parent Telefonica to sell its stake in Czech Telefonica below cost. News neutral.

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