ÖIAG Offers Resistance to Pecik

Businessn.a. ♦ Published: April 13, 2012; 16:18 ♦ (Vindobona)

The Austrian state holding ÖIAG seems to organize resistance against the new shareholder at Telekom Austria, Ronny Pecik.

ÖIAG Offers Resistance to Pecik / Picture: © Telekom Austria Group 2013-Pecik_CV_English

On May 23, the annual general meeting at Telekom Austria takes place. The biggest shareholder ÖIG, which holds a stake of 28.42%, seems to offer resistance to Ronny Pecik. Together with his partner Naguib Sawiris, an Egypt investor, Pecik holds about 20% in Telekom Austria and is thus the second-largest shareholder.

Pecik reaffirmed several times to stay in Telekom Austria and…