City of Prague agreed to acquire VN 42, s.r.o from Komercní banka, a.s. (SEP:KOMB) for CZK 3.5 billion on June 21, 2024. On March 12, 2024 Komercní banka, through Knight Frank, spol. s r.o., invited interested parties to submit offers for the purchase of VN 42, s.r.o. On March 26, 2024 after evaluating the bids received, the Board of Directors of KB decided to start negotiations on the terms of a possible future sale of VN 42, s.r.o. with the best bidder, the City of Prague.

Based on the negotiations, a contract was prepared, which was approved by the Prague City Council on June 10, 2024, on June 17, 2024 by the Board of Directors of KB and on June 20, 2024 by the Prague City Assembly. The final purchase price will be determined on the basis of the financial statements of VN 42, s.r.o. as at June 30, 2024. The expected completion of the transaction is at the beginning of July 2024.