{"id":8044,"date":"2019-09-25T16:57:01","date_gmt":"2019-09-25T15:57:01","guid":{"rendered":"https:\/\/praguebusinessjournal.com\/?p=8044"},"modified":"2020-02-27T22:15:41","modified_gmt":"2020-02-27T21:15:41","slug":"petr-kellner-ppf-cme-last-bidder","status":"publish","type":"post","link":"https:\/\/praguebusinessjournal.com\/petr-kellner-ppf-cme-last-bidder\/","title":{"rendered":"PPF Last Remaining Bidder For CME"},"content":{"rendered":"<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"12\">Petr Kellner&#8217;s investment group PPF, is the last remaining bidder to buy Central European Media Enterprises (CME) from AT&amp;T, <a href=\"https:\/\/hlidacipes.org\/finalista-ve-hre-o-tv-nova-kellnerova-ppf-cena-za-celou-cme-ma-byt-47-miliard-korun\/?hilite=%27ppf%27\">hlidacipes.org<\/a> reported.<\/p>\n<p data-reactid=\"12\">\n<p>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 company&#8217;s portfolio includes Czech TV Nova.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;We cannot comment on PPF&#8217;s interest in purchasing some of the CME Group companies,&#8221; says Jitka Tkadlecov\u00e1, PPF Group spokesman.<\/p>\n<p>&nbsp;<\/p>\n<p>Two years ago it was speculated that CME would be sold for about $2 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>CME&#8217;s management officially presented its outlook for this year, according to which EBITDA profit will increase by 10-12% y\/y. From approximately $239 million to $243 million. $47 billion would correspond to almost ten times EBITDA of CME &#8211; which would be a realistic, if not above-average valuation of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Petr Kellner&#8217;s investment group PPF, is the last remaining bidder to buy Central European Media Enterprises (CME) from AT&amp;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 &#8230; <a title=\"PPF Last Remaining Bidder For CME\" class=\"read-more\" href=\"https:\/\/praguebusinessjournal.com\/petr-kellner-ppf-cme-last-bidder\/\" aria-label=\"Read more about PPF Last Remaining Bidder For CME\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":5092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[18],"tags":[351],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PPF Last Remaining Bidder For CME - Prague Business Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/praguebusinessjournal.com\/cme-shareholders-approve-sale-to-ppf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPF Last Remaining Bidder For CME - Prague Business Journal\" \/>\n<meta property=\"og:description\" content=\"Petr Kellner&#8217;s investment group PPF, is the last remaining bidder to buy Central European Media Enterprises (CME) from AT&amp;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 ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/praguebusinessjournal.com\/cme-shareholders-approve-sale-to-ppf\/\" \/>\n<meta property=\"og:site_name\" content=\"Prague Business Journal\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/praguebizjournal\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-25T15:57:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-27T21:15:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i1.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/05\/Financial-Chart-.jpeg?fit=1733%2C1300&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1733\" \/>\n\t<meta property=\"og:image:height\" content=\"1300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Matt Atlas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@prague_business\" \/>\n<meta name=\"twitter:site\" content=\"@prague_business\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matt Atlas\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/praguebusinessjournal.com\/cme-shareholders-approve-sale-to-ppf\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/petr-kellner-ppf-cme-last-bidder\/\"},\"author\":{\"name\":\"Matt Atlas\",\"@id\":\"https:\/\/praguebusinessjournal.com\/#\/schema\/person\/2f8fdfbdb2594475c8162df8ee336662\"},\"headline\":\"PPF Last Remaining Bidder For CME\",\"datePublished\":\"2019-09-25T15:57:01+00:00\",\"dateModified\":\"2020-02-27T21:15:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/petr-kellner-ppf-cme-last-bidder\/\"},\"wordCount\":153,\"publisher\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/cme-shareholders-approve-sale-to-ppf\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/05\/Financial-Chart-.jpeg?fit=1733%2C1300&ssl=1\",\"keywords\":[\"Petr Kellner\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/praguebusinessjournal.com\/petr-kellner-ppf-cme-last-bidder\/\",\"url\":\"https:\/\/praguebusinessjournal.com\/cme-shareholders-approve-sale-to-ppf\/\",\"name\":\"PPF Last Remaining Bidder For CME - 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