Spectator on facebook

Spectator on facebook

Penta allegedly agrees on price for Petit Press

THE PENTA Investments group allegedly agreed with the German publishing house Rheinisch–Bergische Verlagsgesellschaft GmbH (RBVG) on the price to purchase a 50-percent stake in the Slovak publishing house Petit Press, the Czech website motejlek.com informed on September 19.

THE PENTA Investments group allegedly agreed with the German publishing house Rheinisch–Bergische Verlagsgesellschaft GmbH (RBVG) on the price to purchase a 50-percent stake in the Slovak publishing house Petit Press, the Czech website motejlek.com informed on September 19.

The sale of the publishing house with its flagship, the Sme daily, can still be blocked by the Prvá slovenská investičná skupina (PSIS) financial group, which has the pre-emptive right to buy the stake and owns the other half of the publishing house’s shares.

“Prvá slovenská investičná spoločnosť has the pre-emptive right to buy the shares and I believe that it will use it,” said the head of Petit Press, Alexej Fulmek, as quoted by the Sme daily. “I can’t confirm that RBVG preliminarily made an agreement with Penta.”

Penta refused to comment on the matter.

“We won’t comment on any speculations about media transactions,” Penta spokesperson Martin Danko said, as quoted by the SITA newswire. “We will comment only on finished trades, as is standard in the case of other projects.”

Penta recently acquired the Trend Holding and Spoločnosť 7 Plus publishers via cooperation with Dutch investment firm V-3 Media Holding, which officially bought both publishing houses. Danko said that the financial group also plans to gradually expand its investment presence in the media in the Czech and Polish markets and actively participate in ongoing ownership consolidation.

(Source: SITA, Sme)

Compiled by Roman Cuprik from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Fico: We cannot allow multi-speed EU to become divisive Video

Final session of the 12th edition of Globsec 2017 featured Slovak PM Robert Fico, Czech PM Bohuslav Sobotka, and President of the European Council, Donald Tusk, in a panel entitled European (Dis)Union?

Donald Tusk, Robert Fico, and Bohuslav Sobotka (left to right)

Slovakia lures tourists

The country is attractive for visitors as a friendly and safe country with plenty of tourist draws .

Slovak mountains are attractive the year round.

EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project