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Fortune Bloomberg, Michal Kubala, Peter Laca

Czech billionaires play outsized role in European M&A market

Czech billionaires play outsized role in European M&A market

Michal Strnad has cemented the Czech Republic a position in foreign investment through mergers and acquisitions, driving his local economy.

When Czech billionaire Michal Strnad bought a stake in Italian tire giant Pirelli & C. SpA last week, the transaction was heralded as a key moment for the company. It also cemented his home count… [+3809 chars]
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