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Slovak Telekom to be sold directly instead of via IPO

2015-05-08 10:08:00| Telecompaper Headlines

(Telecompaper) Shares in Slovak Telekom are to be sold directly and not via the stock exchange after all, after the government received a more favourable offer from a strategic investor. This is most likely to be Deutsche Telekom, according to eTrend.sk, as it has the right of first refusal. Interim economy minister Peter Kazimir justified the government's decision by saying it would attract a higher price.

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Category:Telecommunications

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