War veterans to surrender T-HT stakes to banks?

4 Feb 2011

Investment banks JP Morgan and Nomura are reportedly in talks with shareholders of T-Hrvatski Telekom (T-HT) to buy stakes in the Croatian incumbent telco. According to local daily Poslovni Dnevnik, the acquisition talks are reportedly focused on the 7% stake held by the Croatian War Veterans’ Fund and the 3.5% controlled by the Croatian Pensioners’ Fund.

Croatia, Hrvatski Telekom (HT)