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General

Slovak Telekom launches IPO

Wednesday 22 April 2015 | 09:52 CET | News
The Slovak government launched a public offering of its 49 percent stake in former monopoly Slovak Telekom on 21 April and is seeking to raise up to EUR 1 billion, reports Reuters. The price range for the initial public offering (IPO) was set at EUR 17.70 - 23.60 per share. Slovak Telekom, which is majority-owned by Deutsche Telekom, said the offer for institutional investors would start on 21 April and close on 06 May. For retail investors, it begins on 22 April.

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Categories: General
Companies: Deutsche Telekom / Slovak Telekom
Countries: Slovakia
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