August 23, 2016 10:44 PM ET

Industrial Conglomerates

Company Overview of PPF Group N.V.

Company Overview

PPF Group N.V. engages in banking and financial services, telecommunications, biotechnology, real estate, retail, metal mining, insurance, and agriculture businesses. It provides consumer financing services; operates as a specialized corporate and investment bank that provides financial advisory, banking, and investment services; provides banking solutions; and manages mobile and fixed lines, and provides data and communications network services. The company also operates as a biotechnology company that develops a new active cellular immunotherapy and focuses on the treatment of cancer and immune system mediated diseases; retails consumer electronics and household appliances; operates as a d...

World Trade Centre

Tower B

Level 9

Strawinskylaan 933

Amsterdam,  1077 XX

Netherlands

Founded in 1991

Phone:

31 20 881 3120

Fax:

31 20 881 3121

Key Executives for PPF Group N.V.

Chairman and Chief Executive Officer
Age: 52
Founder
Age: 52
Chief Finance Officer
Age: 42
Chief Executive Officer of Home Credit Group and Chairman of Home Credit Group
Age: 45
Chief Officer for Strategic Projects
Age: 53
Compensation as of Fiscal Year 2016.

PPF Group N.V. Key Developments

Vranska Uhelna Reportedly Eyeing Vattenfall Asset; CEZ Drops Out

Vattenfall AB assets are to be sold. News report quoted sources as saying that Vattenfall has received a binding offer for its lignite assets in Germany, while one potential buyer has dropped out and another said that Vattenfall would have to contribute money itself to keep the loss-making operations running. The sale was launched at the end of 2014 and it includes roughly 8,100 megawatt (MW) of lignite-fired plants, which generate about 10% of Germany's total electricity, as well as mining activities. Sources stated Vattenfall had set March 16, 2016 as the deadline to submit binding bids. Czech Coal a.s. unit, Vrsanska uhelna a.s. has made a binding offer for the German assets, a spokesman for the company said. According to the report, the spokesman declined to comment on the details. Meanwhile, CEZ, a.s. (SEP:CEZ) said that it had decided not to bid due to falling power prices and uncertainty over possible early shutdowns of coal power plants in Germany. Energeticky a Prumyslovy Holding, a.s. (EPH), which has submitted a preliminary bid in December 2015 together with PPF Group N.V., was not immediately available to comment. Report also mentioned that Vattenfall has declined to comment on the binding process, but has previously said it expected to make a proposal regarding the lignite sale to its shareholder, the Swedish government, during the first half of 2016.

PPF Group Denies Being In Talks With Chinese Investors About A Possible Sale Of O2 Czech Republic

PPF Group N.V. denied media speculation that it is in talks with Chinese investors about a possible sale of O2 Czech Republic AS (SEP:TELEC). According to PPF spokesman Radek Stavel, this information is not true and may stem from efforts to manipulate the O2 share price.

A Chinese Investor Reportedly Seeks Stakes In O2 Czech Republic

A Chinese investor reportedly seeks stakes in O2 Czech Republic AS (SEP:TELEC). A Chinese investor could buy into O2 Czech Republic, unnamed sources have told Lidove Noviny, the newspaper reported over the week ending on February 14, 2016. According to the report, the deal could be closed as early as March. The name of the potential suitor for the listed Czech telecom was not reported. Sources from PPF Group N.V. insist there is no done deal to sell O2 Czech Republic.

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