Austria's Mobile Telephony Operator Issues Bid to Take Over Slovenia's Si.mobil

Ljubljana, 25 July - An Austrian mobile telephony operator has officially informed Si.mobil, a Slovene company in the same line of business, about its bid to purchase Si.mobil shares, which a part of Si.mobil's shareholders already approved on 22 July. However, Si.mobil shareholders, one of which is Sweden's Telia, has a pre-emptive right which expires within 30 days. Si.mobil shareholders are expected to take the final decision on Mobilkom's bid at the annual general meeting scheduled for 28 August.

The rest of this news item is available to subscribers.
The news item consists of 2.221 characters (without spaces) or 413 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

© STA, 2000