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Pecik Acquires Minor Stake in Telekom Austria

People ♦ Published: October 17, 2011; 16:22 ♦ (Vindobona)

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The Austrian investor now enters the Vienna-listed Telekom Austria Group. For the time being, Pecik holds a 5.4% stake.

Pecik Acquires Minor Stake in Telekom Austria / Picture: © Telekom Austria Group 2013-Pecik_CV_English

After long-lasting speculations, now it is official: Ronny Pecik, a former partner of Mirko Kovats, will enter Telekom Austria. The telecommunication company already confirmed the media reports. At the moment, Telekom´s market value is € 3.65bn. Pecik´s share would thus amount to € 197m.

By the end of last week, Pecik´s private trust RPR acquired call options (American…