Viennese Investors to Sell UkrTelekom

BusinessDeals ♦ Published: October 3, 2012; 23:40 ♦ (Vindobona)

The Ukrainian investor Rinat Achmetow is said to acquire UkrTelekom.

Viennese Investors to Sell UkrTelekom / Picture: ©

The Vienna-based investment fund Epic will withdraw from Ukraine. Last year, the investor acquired 92.79% of UkrTelekom. In May 2011, Epic paid € 964m to the Ukrainian state. UkrTelekom was the first company which became privatized under President Yanukovych. Foreign telecommunication companies like Deutsche Telekom, Télécom France or the Russian Vimpelcom were not allowed to bid…