News site: Křetínský close to buying publisher of Blesk

Businessman Daniel Křetínský is set to take over the Ringier Axel Springer CZ group, which publishes the Czech Republic’s best-selling tabloid Blesk and other titles, iDnes.cz reported. The deal should be done in the next week, the news website said. Mr. Křetínský is co-owner and head of Energetický a průmyslový holding, in which the PPF group is also a major shareholder. He is reported to be planning to buy the media group, which also issues the daily Sport and the weekly Reflex, in cooperation with other investors, including Patrik Tkáč, who is also involved in Energetický a průmyslový holding.