Czech billionaire

[wandle]

It used to be the case that under Takeover Panel rules, if an investor or group of investors acting together go above ownership 29.9% of a company’s shares, a full bid for the company becomes mandatory. The bid has to be at a price no lower than the highest price paid by that group when building-up their stake.
This Czech guy was buying at prices well north of where the price currently is, so I imagine the recent jump is due to buyers gambling on a bid at some future point, should Kretinsky be allowed to increased his stake further

[richietns]

Communication , whether by letter, phone call , email etc is considered a key part of the UK infrastructure, like power, water etc. That means the companies that run them must always operate in in the UK's interest not that of a foreign government or individual.

Foreign governments, companies or individuals already own or have controlling interests in many of our water/power companies.

edf - French govt.
eon - German
Scottish Power - Spanish
Northumbrian Water - Chinese
etc. etc.

Successive govts have been asleep at the wheel over ownership of these companies who have bled them dry of
billions in dividends which have disappeared overseas at the expense of the UK taxpayer.
I'd like to know how discharging raw sewage onto our beaches or our nearest neighbours
threatening to cut off the power to Jersey was in anybody's interest.

People know this thats what Brexit was supposedly about but the tories are still at the helm.

[clashcityrocker]

Journalist at French media Libération, Jérôme Lefilliâtre investigated the Czech billionaire Daniel Kretinsky, who made a highly-mediatized entry in France in 2018 by becoming a shareholder of the newspaper Le Monde.

Who is he? How did he make his fortune? And what are his ambitions in France and in Europe? All the results of his investigation have been published in France: “Mister K. Petites et grandes affaires de Daniel Kretinsky” (Mister K. Small and big dealings of Daniel Kretinsky).

What’s the reputation of Daniel Kretinsky in the Czech Republic?

That of a discreet and mysterious man, who shows himself little, speaks little, but goes very fast. In the Czech Republic, he is best known as the owner and president of Sparta Prague, the most popular football club in the country.

Where does Daniel Křetínský’s interest in France come from? You describe him as a man who didn’t just come to France to do business, but who also loves French culture and speaks the language fluently.



Everything changed when we learned, in October 2018, that Daniel Křetínský bought back part of the shares held by Matthieu Pigasse in the powerful group Le Monde. A deal negotiated secretly for several months. Le Monde brought things to a whole new level, it’s a huge asset and politically very sensitive.

What are the relations between Daniel Křetínský and Vladimir Putin’s Russia?

I’ve investigated a lot his connection to Putin’s Russia, but I haven’t found any collusion with the master of the Kremlin. I give the details in the book. As far as I’m concerned, Daniel Křetínský is doing very good business with Gazprom, but that doesn’t make him Putin’s valet.

This is taken from a longer interview with a French journalist who investigated Kretinsky. My highlights.

[LaggyBand]

He’s probably linked to Klaus Schwab tasked with aiding his vision of “an angrier world”