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General

Five still in the running for Telekom Slovenije - report

Tuesday 4 November 2014 | 10:10 CET | News
The potential bidders for Telekom Slovenije has narrowed to Deutsche Telekom and buyout funds Providence, Bain Capital, Apax and Cinven, sources familiar with the matter told Reuters. Another four private equity funds and industry players walked away after delays to the process, mainly due to parliamentary elections in July. The Slovenian government, which is advised by Citigroup, wants a premium over the company's market value of EUR 955 million, hoping to raise EUR 1.6 billion. Deutsche Telekom is seen as the preferred bidder due to its existing operations in CEE and long-term investment

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