ANO boss Babiš agrees deal to buy most popular radio station

The leader of ANO, business tycoon Andrej Babiš, is set purchase the company that operates Impuls, the most popular radio station in the Czech Republic. Mr. Babiš’s Agrofert have signed a letter of intent with Londa, the owner of Impuls, with the deal yet to be considered by the country’s anti-trust agency. Earlier this year, Mr. Babiš’s firm bought the publisher of two leading Czech newspapers. An Agrofert executive has said the company is also considering the acquisition of a TV station.

Author: Ian Willoughby