0
General

Slovenia to complete Telekom talks with Cinven by mid-May

Wednesday 22 April 2015 | 16:35 CET | News
Slovenia plans to complete by mid-May talks with investment fund Cinven, the only bidder for the state's stake in operator Telekom Slovenije, according to the head of the state investment fund SDH, which is coordinating the sale. In an interview for Reuters, Matej Pirc did not want to reveal whether the sale would be completed or called off, adding that everything will depend on the terms. Sources told Reuters that Cinven had offered about EUR 110 per share, which disappointed the markets.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telekom Slovenije
Countries: Slovenia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Cinven raises bid for Telekom Slovenije to EUR 130 - report

Published 21 May 2015 11:13 CET | Slovenia
The only bidder for Telekom Slovenije, private equity fund Cinven, has upped its bid to EUR 130 per share, a personal familiar ...

Cinven to offer higher price for Telekom Slovenije - report

Published 19 May 2015 16:43 CET | Slovenia
The value of Telekom Slovenije shares has increased to EUR 112 after speculation that the Cinven fund will offer a higher price ...

Cinven confirms bid for Telekom Slovenije

Published 16 Apr 2015 14:07 CET | Slovenia
Cinven confirmed it filed the sole bid for the Slovenian's state's controlling stake in Telekom Slovenije. The private equity ...

Telekom Slovenije attracts just one bidder

Published 14 Apr 2015 14:33 CET | Slovenia
Slovenia's Sovereign Holding company said it received only one binding offer for the state's majority stake in Telekom Slovenije. ...

DT, Cinven to file bids for Telekom Slovenije - report

Published 10 Apr 2015 11:45 CET | Slovenia
Slovenia can expect two binding bids for Telekom Slovenije on 13 April, both below market value, a source familiar with the ...