Articles for tag: Daniel Kretinsky

Daniel Kretinsky and Patrik Tkac

EP Global Commerce Boosts Stake In Metro AG To 29.99%

Kretinsky’s EPGC to be largest shareholder in Metro AG   Daniel Kretinsky and Patrik Tkac’s EP Global Commerce (EPGC) group increased its shares in Metro AG to 29.99 percent. As a result, they are now Metro’s largest shareholder.   EP Global Commerce exercised call option   EPGC exercised a call option to buy 44,950,974 ordinary ...

Daniel Kretinsky owner of czech news center

Kretinsky: Le Monde Journalists Demands ‘Unreasonable’

Daniel Křetínský will not sign a deal to grant editorial independence to journalists at the French newspaper Le Monde. The Financial Times reported today, citing sources close to Křetínský.   Křetínský disagrees with the terms of the proposed agreement, which he sees as “unreasonable from an economic point of view” and he is unlikely to ...

Daniel Kretinsky

Journalists Fear Loss Of Independence Under Kretinsky

Journalists and editors at Le Monde signed and open letter demanding the Czech billionaire Daniel Kretinsky guarantee editorial independence for the French newspaper.   The following is and excerpt from the open letter to Daniel Kretinsky.   Le Monde is at a crossroads. For the first time in its history, it could be forced to ...

Daniel Kretinsky

Křetínský Buys Stake In Casino, Guichard-Perrachon

Daniel Křetínský has acquired a 4.63% stake in French mass retailer Casino, Guichard-Perrachon. The duo, who bought the stake via their Vesa Equity Investment company, become Casino’s second-largest shareholder at a time CEO and controlling shareholder Jean-Charles Naouri is hunting for ways to ease the company’s debts – and those of parent company Rallye – ...

Matt Atlas

Daniel Kretinsky

Kretinsky’s Takeover Bid Rejected By Metro AG

Stores are closing across Europe as consumers shift to e-commerce and discounters barge in. Yet a pair of investors is making an audacious takeover bid for Metro AG, valuing the German chain that sells food and other staples from no-frills warehouses at $6.6 billion.   The proposal from Czech billionaire Daniel Kretinsky and his Slovak investment partner ...

Kretinsky EPH Group

NYT Interviews Křetínský About Le Monde Investment

Billionaire Daniel Křetínský is satisfied with the position of minority owner of the French daily Le Monde. He wants to support a letter with a long tradition and would not interfere with the operation of the editorial office, even if he would take over a majority stake in the future. One of the wealthiest Czechs ...

Petr Dubinsky

Kretinsky Buying Up Shares Of German Retailer Metro

Reuters reports that Daniel Kretinsky is buying more shares in German retailer Metro  from Ceconomy, the companies said on Thursday, likely stoking speculation of a full bid.   Metro, whose shares are down a third so far this year, has been refocusing on its core cash-and-carry business, selling its Kaufhof department stores and splitting from ...


Kretinsky EPH Group

EPH Power Plant Receives Approval From British Energy Ministry

Prague, Sept 21 (CTK) – The British energy ministry has issued a building permit for a new gas-fired power station in Eggborough to British company Eggborough Power Limited from Energeticky a prumyslovy holding (EPH), a Czech energy and industry group of entrepreneur Daniel Kretinsky, Euro weekly said on its website today.   The gas-fired power ...


EP Infrastructures EBITDA Falls Kc19 Billion

Prague, Sept 12 (CTK) – EP Infrastructure (EPIF), one of the pillars of the the energy and industry group EPH of billionaire Daniel Kretinsky, saw its operating profit EBITDA fall by 7.4 percent to EUR742m (Kc19bn) in the first half of this year, mainly due to warmer weather in comparison with last year, the company ...