Advising on Squeeze-Out of O2 Czech Republic’s Minority Shareholders
KSB advised PPF on all major steps in the squeeze-out process, which involved the exit of one of the largest Czech listed companies from the public stock markets. The transaction was also unique because the decision-making of O2’s general meeting (with several thousand shareholders) took the form of per rollam voting as a result of the Covid pandemic restrictions.
The squeeze-out followed KSB’s long-standing advice on O2’s corporate affairs, including participation in the overall corporate restructuring of the telecommunications operator within the PPF Group, which also involved a spin-off (and subsequent squeeze-out) of the telecommunications network operator CETIN in 2015.
Other articles
KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
