Dom-Titan Dd logo

TIKG - Dom-Titan Dd News Story

€6 0.0  0.0%

Last Trade - 21/08/17

Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 645

Slovenia says cancels Telekom sale after sole bidder pulls out

Tue 4th August, 2015 3:27pm
ZAGREB, Aug 4 (Reuters) - Slovenia has cancelled the sale of 
Telekom Slovenija  TLKM < after the only bidder, British private 
equity fund Cinven  CINV.UL , withdrew its offer, state fund SDH 
said on Tuesday. 
    "SDH has recived notification from Cinven that they no 
longer want to pursue negotiations to conclude the sale," SDH 
said on its website. It said Cinven had told them the purchase 
was "no longer economically justified". 
    "Because of that we are officially concluding the sale of 
72.75 percent of Telekom. SDH will look at the options for 
further steps regarding Telekom," it said. 
 (Reporting by Zoran Radosavljevic, editing by Louise Heavens) 
 ((; +385 1 4899 971; 
Reuters Messaging: 
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.