National Property Fund of SR has sold its 49% stake in Slovak Telekom to Deutsche Telekom
Deutsche Telekom, the majority shareholder of Slovak Telekom, has acquired the remaining 49% stake in the company for US$1 billion.
Slovak Telekom, part of the Deutsche Telekom group, is the largest multimedia and telecommunications operator in the Slovak Republic, offering a full range of broadband, fixed telephony, Pay TV, mobile data and voice services as well as a comprehensive suite of ICT services.
Deutsche Telekom is one of the world's leading integrated telecommunications companies. With more than 228,000 employees and present in 50 countries, Deutsche Telekom further develops its strategy and aims to become the leading European telecommunications provider.
The Slovak government was running a dual-track process in order to dispose its 49% stake in Slovak Telekom. The intended IPO was not completed and the process was finalized as a direct sale to majority owner Deutsche Telekom, as the price offered exceeded the proceeds expected to be raised through a public listing.
Oaklins' team in Slovakia acted as joint lead manager and regional offering coordinator.
Talk to the deal team
Related deals
Main Capital Partners has acquired a majority stake in CarWise and AutoDisk
CarWise and AutoDisk (together “CarWise”), leading providers of integrated front-, mid- and back-office ERP software for the leasing and car rental sector in the Benelux, have sold a majority stake to Main Capital Partners (“Main”), a prominent European software investor.
Learn moreRAM Infotechnology has acquired Interoperability Group with support from Keensight Capital
RAM Infotechnology (RAM-IT) has acquired Interoperability Group, a leading Dutch provider of healthcare IT solutions, with the support of Keensight Capital, a leading European growth buy-out investor specializing in technology and healthcare.
Learn moreToivo Group has succesfully transferred to the Main Market of Nasdaq Helsinki
Toivo Group Plc has taken a significant strategic step by transferring to the Main Market of Nasdaq Helsinki. This move supports the company’s ambition for sustainable growth and reinforces its position as a key player in the Finnish residential development sector.
Learn more