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Austrian Authorities Examine Slim´s Entry at Telekom

Published: July 3, 2012; 14:26 · (Vindobona)

After the acquisition of Ronny Pecik´s stakes in Telekom Austria, the Mexican investor will hold 26%. The Austrian Federal Competition Authority (BWB) examines until the end of July.

Austrian Authorities Examine Slim´s Entry at Telekom / Picture: © Telekom Austria Group

Until the end of Juliy, BWB will decide on Slim´s entry at Telekom Austria. America Movil may reach up to 25.90% in Telekom Austria. As a result, the Mexican telecommunication company will become the second-biggest shareholder behind the publicly held Austrian Industrial Holding (ÖIAG).

On 15 June, Pecik sold 92.9 million shares at € 9.50. As a result, proceeds total €…

This article includes a total of 237 words.

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