MORE: Orco Drops as CPI’s Nemecek Tells CTK Liquidation Possible
2014-01-24 15:52:34.784 GMT
By Krystof Chamonikolas
Jan. 24 (Bloomberg) -- Shrs drop 7.6%, most since Dec. 2,
to CZK49.85 at Prague close with traded vol. 3.6x 3-mo. avg
* “Investors, partners and banks are attempting to exit,”
Martin Nemecek, deputy CEO at CPI, co. owned by biggest Orco
shrholder Radovan Vitek, tells CTK news service
* Nemecek says sale of all assets followed by liquidation is
one of options, according to CTK
* NOTE: Orco Managers to Receive EU16M in Case of Takeover:
CTK NSN MZWW586JTSFM <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--Editor: Zahra Hankir
To contact the reporter on this story:
Krystof Chamonikolas in Prague at +420-2-2442-2107 or
kchamonikola@bloomberg.net
To contact the editor responsible for this story:
Wojciech Moskwa at +48-22-433-4475 or
wmoskwa@bloomberg.net
2014-01-24 15:52:34.784 GMT
By Krystof Chamonikolas
Jan. 24 (Bloomberg) -- Shrs drop 7.6%, most since Dec. 2,
to CZK49.85 at Prague close with traded vol. 3.6x 3-mo. avg
* “Investors, partners and banks are attempting to exit,”
Martin Nemecek, deputy CEO at CPI, co. owned by biggest Orco
shrholder Radovan Vitek, tells CTK news service
* Nemecek says sale of all assets followed by liquidation is
one of options, according to CTK
* NOTE: Orco Managers to Receive EU16M in Case of Takeover:
CTK NSN MZWW586JTSFM <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--Editor: Zahra Hankir
To contact the reporter on this story:
Krystof Chamonikolas in Prague at +420-2-2442-2107 or
kchamonikola@bloomberg.net
To contact the editor responsible for this story:
Wojciech Moskwa at +48-22-433-4475 or
wmoskwa@bloomberg.net