Authority confirms sale of Mafra from Babiš trust funds can go ahead

Czechia’s Office for  the Protection of Competition has confirmed that the takeover of the media group Mafra, radio stations operator Londa and a chemicals company by the Kaprain group from trust funds set up by former prime minister Andrej Babiš can go ahead.

The anti-trust authority said on social media that a decision to allow the change of hands had come into effect on Monday.

Mafra includes the newspapers Mladá fronta Dnes and Lidové noviny. It was bought by Mr. Babiš's Agrofert in 2013.

Author: Ian Willoughby