AGP Executive Report
Last update: 4 hours agoRetail Shake-up: Ahold Delhaize has agreed to buy Tesco’s Czech and Slovak businesses for an enterprise value of about €1.2 billion. The deal covers more than 360 stores and 14,000 employees and is expected to close in late 2027, subject to approval. Nuclear Project: South Korea’s KHNP has ended talks with its construction consortium over the Czech nuclear plant contract, raising concerns about costs and delivery. KHNP says the project will not be delayed. Czech Sport: Tennis player Jakub Menšík will miss next week’s Paris Masters after a fall in Vienna left him with a head injury; doctors have advised him to rest. Diplomatic Tragedy: Klára Schneiderová, 30, head of the Czech Embassy’s Jerusalem office, died after a minibus struck her on a sidewalk. The driver has been detained as police investigate. Prague Roads: The city begins winter maintenance of roads and pavements on November 1, preparing more than 4,000 kilometres of routes for ice and snow. Economy: Czechia’s third-quarter GDP growth was weaker than expected, while the European Commission cleared the country’s final €951 million payment request under its post-pandemic recovery plan.
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