Babiš denies buying Blesk publisher

Businessman Andrej Babiš has denied reports that he has bought the Czech branch of Ringier Axel Springer. The publishing company owns a number of titles, including the biggest Czech tabloids Blesk and Aha! There had been speculation for some time that Mr. Babiš, who owns some of the Czech Republic’s largest food companies and other concerns, was planning to buy the publisher and one news site reported on Monday that he had done so last week for CZK 4 billion. As well as his business interests, Mr. Babiš has a political party named ANO 2011.

Author: Ian Willoughby