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Slim eyes share in Telekom Austria

21 May 2012

Owner of América Móvil reported in discussions with Austrian group’s two biggest shareholders

Read more: Telekom Austria KPN Carlos Slim Telmex América Móvil

Carlos Slim is looking to buy a share in Telekom Austria and has reportedly had initial discussions with Ronny Pecik and Austrian state holding firm OeIAG, the operator’s two biggest investor groups, according to Austrian magazine Format.

Pecik has a 20% stake in Telekom Austria, with partner Naguib Sawiris, while OeIAG holds a 28.4% share in the operator. According to Format, both these shareholders may continue to hold their shares in the Austrian operator for up to two years before selling it.

According to Reuters, the report could not be confirmed. Slim's company América Móvil’s spokeswoman declined to comment on this development to Format.

This news follows just after Slim offered to purchase a stake in Dutch operator KPN last week. GTB

 

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