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Slim´s Entry at Telekom Austria Approved
People ♦
Published: July 27, 2012; 13:10 ♦ (Vindobona)

The Austrian Federal Competition Authority (BWB) has no objections against the acquisition by Carlos Slim.

Today, the Austrian Federal Competition Authority officially approved the deal between the Austrian investor Ronny Pecik and the Mexican investor Carlos Slim. At the moment, Slim owns 9.89% of Telekom Austria´s shares.
Slim will whold a 25.9% stake in the near future. As a result, Slim will become the second-largest shareholder at Telekom Austria. The publicly owned ÖIAG holds…
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