Home Telekom Slovenije attracts 8 bidders
 

Keywords :   


Telekom Slovenije attracts 8 bidders

2014-07-04 09:14:00| Telecompaper Headlines

(Telecompaper) Eight interested parties submitted non-binding bids for the takeover of Telekom Slovenije by the set deadline. The highest bid did not come from Deutsche Telekom, but rather from financial funds, reports Dnevnik and Finance.si. Bids for the purchase of the Slovenian national telecommunications operator were submitted by Russia's MTS, Turkcell and Deutsche Telekom, as well as by financial funds Apollo Global Management, Cinven, CVC Capital Partners, PPF Group, Apax, Bain Capital and Providence Equity Partners. The interested parties should start an in-depth review of Telekom Slovenije this week, while the strategic investor should be selected by the autumn. Bain Capital and Providence Equity Partners, according to Finance, allegedly submitted the highest bid of EUR 150-160 per share, while Deutsche Telekom offered EUR 140. The Slovenian government targets a price around EUR 200, according to the papers. The final binding bids should be submitted by the second half of July.

Tags: telekom bidders attracts slovenije

Category:Telecommunications

Latest from this category

All news

»
01.11Boeing makes 38% pay rise offer in bid to end strike
01.11The house paints that promise much more than colour
01.11Eastern North Pacific Tropical Weather Outlook
01.11Atlantic Tropical Weather Outlook
01.11Technology adoption: What's on the ag tech horizon for 2025
01.11Technology adoption: What's on the ag tech horizon for 2025
01.11How Japan's youngest CEO transformed Hello Kitty
31.10Unicharm to Expand in Africa
More »