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General

Slovak Telekom prepares for IPO with state stake sale

Thursday 9 April 2015 | 11:22 CET | News
The Slovakia government will offer its shares in Slovak Telekom in the form of an IPO on the Bratislava and London stock exchanges, said the minister of economy Pavol Pavlis and head of the National Property Fund Branislav Bacik. The government approved the transfer of the 34-percent stake held by the Ministry of Economy to the National Property Fund, which will then conduct the sale of the whole 49-percent state share. Part of the shares will be offered for sale to the public in Slovakia. Citizens will be offered a 5-percent discount on shares worth up to EUR 10,000. Deutsche Telekom does

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