Telekom Slovenije sale could complete by February

23 Sep 2014

Reports from Slovenia suggest that the privatisation of the country’s dominant telco Telekom Slovenije could be completed by February 2015. While it had been hoped that the sale would be finalised by the end of this year, delays caused by a general election and the selection of a new cabinet have seen the process halted for several months. Local news portal Finance.si says that since around ten prospective buyers are already lined up – including Deutsche Telekom of Germany and private equity firms Apax, Bain and Providence – the sale could be pushed through within five months. Offers for a 75.58% stake in Telekom Slovenije were invited earlier this year, with the previous government hoping to achieve a sale price of over EUR700 million (USD957 million).

Slovenia, T-2, Telekom Slovenije (incl. Mobitel)