Petr Kellner News
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M.video, the largest electronics retailer in Russia, sought antitrust approval to buy competitor Eldorado from Czech billionaire Petr Kellner’s PPF Group.
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Telefonica Czech Republic AS is “really disappointed” with rule changes for a radio-spectrum auction as proposed by the regulator, Chief Executive Officer Luis Malvido said.
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PPF Group NV, the Czech private equity group controlled by Petr Kellner, acquired the 50 percent of Russian retail chain Eldorado Group it doesn’t already own to tap growing demand for electronics.
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Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
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Energeticky a Prumyslovy Holding AS got commitments from 12 banks during the first stage of marketing a 1.3 billion-euro ($2 billion) loan backing its acquisition of a stake in Slovak gas utility Slovensky Plynarensky Priemysel AS, according to two people with knowledge of the transaction.
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Energeticky a Prumyslovy Holding AS, the Czech utility co-owned by billionaire Petr Kellner, hired banks to arrange 1.5 billion euros ($2 billion) of loans for its acquisition of Slovak gas utility Slovensky Plynarensky Priemysel AS, according to two people with knowledge of the matter.
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Energeticky & Prumyslovy Holding AS, the second-largest Czech utility that’s co-owned by billionaire Petr Kellner, said it will buy a 49 percent stake in a Slovak utility from EON SE and GDF Suez SA “within days.”
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Home Credit BV, the consumer lender controlled by Czech billionaire Petr Kellner, expects its operation in China to surpass the current value of its business in Russia in three years as it expands in Asia.
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PPF Group NV, a Czech investment company owned by billionaire Petr Kellner, bought the remaining 25 percent of a property holding it jointly owned with Milan Janku, the majority owner of ECM Real Estate Investments AG, CTK reported, citing PPF spokesman Milan Tomanek.
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Assicurazioni Generali SpA, Italy’s biggest insurer, agreed to buy the 49 percent stake it doesn’t own in its eastern European venture with private-equity firm PPF Group NV for 2.5 billion euros ($3.3 billion).
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