Hostile Takover of Telekom Austria?
People ♦
Published: October 3, 2011; 13:43 ♦ (Vindobona)
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According to market rumors, Telekom Austria prepares measures against a potential takeover. Currently, the corporation faces several troubles.
Hostile Takover of Telekom Austria? / Picture: © Telekom Austria Group
Telekom´s CEO Hannes Ametsreiter has to secure the corporation against a potential takeover. In order to prevent this scenario, he already instructed the U.S. investment bank Merill Lynch, the Austrian newspaper “Wirtschaftsblatt” reports.
Insiders should have said that the Telekom fears a hostile takeover. The Telekom did not comment any of these rumors.
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