EPH completes acquisition of 80% of shares of Tynagh Energy Limited Daniel Kretinsky’s EPH acquired a majority stake in Tynagh Energy Limited, which operates a 400 megawatt (MW) power plant in Ireland. EPH spokesman Daniel Častvaj announced in a press release on Tuesday. EPH did not disclose the transaction price. 80% of Tynagh‘s ...
The Czech competition watchdog UOHS has blocked a $455 million highway toll contract between the state and the Czech Toll/Sky Toll consortium, potentially allowing current operator Austrian company Kapsch to continue running the concession. UOHS cited concerns about how an April 2018 tender process for the contract was run but said on Thursday it ...
Petr Kellner’s investment group PPF, is the last remaining bidder to buy Central European Media Enterprises (CME) from AT&T, hlidacipes.org reported. According to sources close to PPF, the price demanded by the Americans for CME (a group of 30 television stations in Central and Eastern Europe) is expected to be around CZK 47 billion. The ...
Petr Kellner’s PPF Group acquired a 19.2% stake in Autolus Therapeutics. Autolus is UK based biopharmaceutical company. PPF purchased the shares on the NASDAQ stock exchange. PPF Group said Autolus is in advanced stages of developing T-cell therapies, which target cancer cells for both hematological cancers and solid tumors. The stake in Autolus ...
Biotech companies within the PPF Group, controlled by Czech billionaire Petr Kellner, are reporting advances in efforts to extend the lives of cancer patients. The companies Sotio and Cytune Pharma announced on Thursday that they had started the first trial dosing of cancer patients with SO-C101, a superagonist fusion protein of interleukin IL-15. The ...
PPF Group, owned by the Czech Republic’s richest businessman Petr Kellner, has sold a 4.5% stake in Russian gold and silver producer Polymetal for about $254 million, a bookrunner for the deal said on Wednesday. Shares in London-listed Polymetal, part-owned by Russian businessman Alexander Nesis, were down 5.6% in early trade after the sale ...
When Czech billionaire Petr Kellner joined a delegation to Beijing in 2014 that included President Milos Zeman, he was looking to dig deeper into the China gold mine. The lucrative success he has enjoyed since may turn out to be an unexpected headache. Kellner, the richest person in the ex-communist wing of the European Union ...
The Czech Republic’s richest man has Petr Kellner has bought a horse valued at around CZK 250,000,000, the news website iHned.cz reported on Tuesday. The mare named Catch Me if You Can will be ridden by Mr. Kellner’s daughter, Anna Kellnerová, who is a competitive showjumper. The purchase was announced on the Facebook page of ...
Prague, June 15 (CTK) – PPF group will acquire 100 percent in Serbia’s Telenor banka from Telenor group, the deal is part of acquisition of Telenor’s telecommunication assets in Central and Eastern Europe, namely in Hungary, Bulgaria, Montenegro and Serbia, PPF said in a press release today. The transaction’s completion is subject to approval ...
