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- PPF Group has completed its acquisition of mobile operator Telenor’s telecommunications assets in Central and Eastern Europe, specifically in Hungary, Bulgaria, Montenegro, and Serbia.
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PPF Group has completed its acquisition of mobile operator Telenor’s telecommunications assets in Central and Eastern Europe, specifically in Hungary, Bulgaria, Montenegro, and Serbia.
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PPF Group announces that it has acquired a 100% stake in Serbia-based Telenor Banka from Telenor Group, having obtained the necessary regulatory approval from National Bank of Serbia.
PPF Group has completed its acquisition of mobile operator Telenor’s telecommunications assets in Central and Eastern Europe, specifically in Hungary, Bulgaria, Montenegro, and Serbia. PPF Group has received all the necessary approvals from the relevant authorities and completed all other requisite processes.
Aug 3, 2018 · The European Commission has approved the acquisition of mobile operator Telenor’s assets in central and eastern Europe by the Czech PPF Group, having found that the transaction would create no competition concerns.
Feb 4, 2020 · Prague, March 21 (CTK) – PPF investment group of richest Czech Petr Kellner has agreed with Norway’s company Telenor to buy its mobile operators in Hungary, Bulgaria, Montenegro and Serbia, for which it will pay EUR2.8bn (about Kc71bn), with the deal waiting to be approved by respective antitrust offices, PPF said in a press release today.
PPF Group, the Czech investment firm, bought Telenor’s assets in Hungary, Bulgaria, Montenegro, and Serbia for EUR 2.8 billion. This is a landmark transaction for the telecommunications sector in Central and Eastern Europe – the biggest since 2011, and it was completed on 31 July 2018.
Karanovic & Partners advised PPF Group on its the EUR 2.8 billion acquisition of Telenor's assets in Central and Eastern Europe.
