Cinven to offer higher price for Telekom Slovenije - report

Tuesday 19 May 2015 | 16:43 CET | News
The value of Telekom Slovenije shares has increased to EUR 112 after speculation that the Cinven fund will offer a higher price than originally bid. The initial offer was EUR 112 per share, well below the expectations of the Slovenian government. According to daily Finance.si, Cinven is now offering EUR 140 per share, but under different conditions. The management of Telekom Slovenije wants to speed up the sale process because it is negatively impacting business. Separately, weekly Mladina reported that Cinven could team up with Deutsche Telekom on a joint bid for Telekom Slovenije. Metod

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Categories: General
Companies: Deutsche Telekom / Telekom Slovenije
Countries: Slovenia
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