Cinven confirms binding bid for Telekom Slovenije

17 Apr 2015

Reuters reports that UK-based private equity firm Cinven has confirmed making a binding offer for the Slovenian government’s controlling stake in Telekom Slovenije on 13 April. Although Cinven would not comment on the value of the stake, it confirmed it is in dialogue with the state holding company and the government’s appointed advisors to discuss its offer, and is ‘looking forward to concluding a transaction on mutually agreeable terms’. The government received no other offers for the stake.

Slovenia, Cinven, Telekom Slovenije (incl. Mobitel)