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General

Slim wants America Movil to have 51% of Telekom Austria max

Wednesday 28 May 2014 | 22:47 CET | News
Carlos Slim wants his company America Movil to have a narrow majority in Telekom Austria, German newspaper. It said he wants to hold a maximum stake of 51 percent in the company. Speaking at the general meeting on 28 May, Telekom Austria supervisory board chairman Rudolf Kemler said America Movil has committed itself to ensuring that at least 24 percent of the shares are broadly distributed. CFO Carlos Garcia Moreno has told the magazine 'News' that if America Movil gets more than 50 percent of the shares, then within two years, it will sell enough shares to make sure there is a wide

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Categories: General
Companies: A1 Telekom Austria / America Movil
Countries: Austria
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