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PPF Group’s response to the press release issued by the Pirate Party on 24th February 2020
Over the course of 30 years, PPF Group has grown to become one of the largest Czech companies, and today it operates in 24 countries across three continents. PPF’s shareholders and its top management have always espoused the principles of freedom, liberal democracy, and a free market.
The fact that we, like thousands of other Western companies, also operate in China, does not in any way imply a contradictory worldview. Far from it; as people who have lived a considerable part of their lives under totalitarian communism, we deeply value freedom of expression. We therefore reiterate that PPF is buying CME as a complement to its telecommunications business, without any ulterior motives. As part of the process of acquiring CME, PPF Group is cooperating with all the relevant regulatory bodies, and we are providing them with all necessary information.
