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21 May
16:34

Czech government seeks ArcelorMittal Ostrava ownership: reports

The Czech government is seeking to buy ArcelorMittal Ostrava for CZK 1 ($0.04) to prevent it from falling into the hands of Liberty House, according to Czech press reports quoting Prime Minister Andrej Babis. Babis says he has reservations over the credibility and transparency of Liberty House. “We want to buy the company (Ostrava) so that it can be run properly,” he is quoted as saying. “The state would buy it for one koruna – I am talki…
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