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General

Slovakia govt sees Slovak Telekom IPO by end-June

Friday 3 April 2015 | 10:52 CET | News
Slovakia hopes to complete an IPO of its 49 percent stake in Slovak Telekom by the end of June, according to Reuters citing an announcement from the Economy Ministry from 2 April. The authorities moved closer to an IPO following the approval on the same date of a plan to consolidate the state's holding under a single government agency. The government also prefers a public offering of the shares rather than a sale to majority shareholder Deutsche Telekom. The government has said it would seek a dual London and Bratislava listing for the business. Deutsche Telekom, which has 51 percent stake in

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