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General

Slovenia says no proof DT behind Cinven bid for telco

Wednesday 20 May 2015 | 14:48 CET | News
Slovenian Finance Minister Dusan Mramor told RTV Slovenije that the government has no evidence that Deutsche Telekom is behind Cinven's bid for Telekom Slovenije. He added that it is no secret that investment funds do not perform as strategic investors, but that they first restructure companies and reduce their workforce, and then sell to the highest bidder. On the other hand, an indirect confirmation that this could be the case came from Cinven. In an interview earlier this year for Finance, Nicolas Paulmeier from Cinven said that if they succeed in their bid for Telekom Slovenije, they will

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