Published at: 2014-08-31 14:04 | Author: Nina Fibigerová
Exhibition areas in Prague and Brno are at last expected to change hands after years of delay. City administrators want to take over the Holešovice exhibition grounds in Prague 7 as well as Brno’s exhibition area, Veletrhy Brno, but the process has been painfully slow.
In Brno, Messe Düsseldorf, the German majority shareholder in Veletrhy Brno, has even halted negotiations over the sale of its 61-percent stake with the city. They are to be reumed only after the fall elections. The two sides have been trying to hammer out a deal for more than two years, but the German company now believes it best to resume talks only once the new Brno leadership is in place.

The price of the transaction is being estimated at CZK 770m, according to Brno Mayor Roman Onderka....

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