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    PPF agrees with its partners in EPH to sell its equity stake in the Holding

    PPF Group and Energetický a průmyslový holding (EPH) today announce that they have agreed a transaction whereby PPF Group will sell its shares in EPH. The shares will be acquired directly by EPH, and then cancelled. EPH’s ownership structure will change as a result of the transaction, with Daniel Křetínský and Patrik Tkáč controlling 37 per cent each and taking joint control of EPH. The remaining shares will be retained by J&T’s private equity structures.

    The parties to the agreement have agreed not to disclose the price or any other details about the transaction.

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