Cinven courts EBRD for Telekom Slovenia bid

Telekom Slovenije, D.d

03/06/2015 10:13

LONDON, June 3 (Reuters) - The European Bank for 
Reconstruction and Development (EBRD) said on Wednesday private 
equity firm Cinven  CINV.UL  had approached it about financing 
part of its bid for Slovenia's largest telecoms provider Telekom 
Slovenia  TLSG.LJ . 
    "The EBRD is currently considering Cinven's offer to finance 
a portion of the acquisition by providing possibly debt and/or 
equity," the EBRD said in a statement, adding it had not yet 
received "any approvals" regarding its potential involvement. 
    Cinven, which is the only bidder for Telekom Slovenia, had 
raised its offer to 130 euros per share, which would value the 
state-controlled company at roughly 850 million euros ($945 
million), a source told Reuters.  ID:nL5N0YC3HS  
($1 = 0.8995 euros) 
 
 (Reporting by Marc Jones; editing by David Clarke) 
 ((marc.jones@thomsonreuters.com; +44)(0)(207 542 9033; Reuters 
Messaging: marc.jones.thomsonreuters.com@reuters.net  Twitter 
@marcjonesrtrs)) 
 
Keywords: SLOVENIA TELEKOM/EBRD