Slovak Telekom confirms Bratislava, London listing

9 Apr 2015

Slovak Telekom has confirmed that its initial public offering (IPO) will see shares listed on stock exchanges in Bratislava and London. The sale of the government’s 49% stake could bring in EUR800 million (USD866.5 million), the Financial Times writes, with the IPO expected to take place by end-June this year. 51% shareholder Deutsche Telekom (DT) did hold discussions with the government over a possible increase in its stake, but it now appears the German firm has decided to maintain its shareholding at the same level, with the telco confirming that it will not be listing any shares alongside the government’s stake.

Slovakia, Slovak Telekom (ST, incl. T-Mobile, DIGI)