 Investment group PPF, owned by the Czech Republics wealthiest businessman, Petr Kellner, has agreed to buy broadcaster Central European Media Enterprises Ltd CME in a cash deal valued at about 2.1 billion, the companies said on Sunday. It also expands PPFs reach in the media and telecommunications landscape across central and eastern Europe. PPF will pay 4.58 per share in cash to shareholders of Nasdaq- and Prague-listed CME, which operates television stations in the Czech Republic, Bulgaria, Romania, Slovakia and Slovenia. 