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.
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European Commission Proposes Transforming EUSPA into European Union Space Services Agency
On April 7, 2026, the European Commission published a proposal for a regulation establishing the European Union Space Services Agency (EUSSA), amending Regulation (EU) 2021/696. The proposal [COM(2026) 152 final] significantly expands the mandate of the existing EUSPA, headquartered in Prague, and nearly doubles its budget.
Collaboration with World Bank on Analysis of Czech Business Environment
We would like to share that Kateřina Štěpánková has received a Certificate of Appreciation from World Bank in recognition of her contribution to the Subnational Business Ready in the European Union 2025 project, led by World Bank in cooperation with the European Commission (DG REGIO).
