Telekom Austria: Pecik Achieved Sale Proceeds of € 882m

Business › n.a. ♦ Published: June 25, 2012; 20:02 ♦ (Vindobona)

The Austrian investor sold his 21.0% share in Telekom Austria to Carlos Slim. The share price was € 9.50.

Telekom Austria: Pecik Achieved Sale Proceeds of € 882m / Picture: © Vindobona.org

Now, the sale proceeds of the Telekom deal between Pecik and Slim are official. The Austrian Financial Market Authority announced that the share price was € 9.50. On 15 June, Pecik sold 92.9 million shares at € 9.50. As a result, proceeds total € 882.54m.As Pecik is a member of Telekom Austria´s supervisory board, he is obliged to announce his transactions.

Furthermore,…

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