Telekom Sale Over as Cinven Backs Out

Ljubljana, 4 August - Telekom Slovenije will remain in majority ownership of the state for now as the only bidder in the latest privatisation attempt, the UK private equity fund Cinven, backed out of the transaction quoting "recent adverse developments in the regulatory environment and telecoms market."

Telekom Slovenije headquarters.
Photo: Tamino Petelinšek/STA

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