Sponsored
Article Tools

Ukraine: Epic to Sell Ukrtelekom

Published: June 6, 2013; 18:47 · (Vindobona)

Viennese financial investor Epic plans to sell the Ukrainian telecom provider Ukrtelekom. Oligarch Akhmetov will take over 92.8 percent of Epic.

Ukraine: Epic to Sell Ukrtelekom / Picture: © Ukrtelekom

The parties to the transaction have agreed not to disclose any information on the purchase price. Rinat Akhmetov’s SCM Group is to take over 92.8 percent of the stake. Head of Epic Peter Goldscheider announced to be satisfied with the selling price. The recently rumored amount of € 650m was rejected as too low by him. Two year ago, in the process of privatization, Epic has paid…

This article includes a total of 459 words.

or Log In