Belgium mulls Belgacom stake sale

27 Mar 2013

The Belgian government is considering reducing its holdings in a number of companies, including national fixed line incumbent Belgacom as part of efforts to meet budget deficit targets, Reuters writes citing unconfirmed reports from local sources. The sale of a 3.5% stake in Belgacom, worth approximately EUR230 million (USD295.83 million) was understood to be under consideration, potentially reducing its holding in the telco to 50.1%.

Belgium, Proximus