Deals
Telekom Slovenije Shares Advance in Ljubljana Trading
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Telekom Slovenije Group d.d., Slovenia’s state-owned phone company, rose the most in more than two years in early trading on a report that 5 percent of the company may be sold.
The company advanced 10 euro cents to close at 87 euros after climbing as much as 7 percent in earlier trading, which was the biggest intraday gain since Oct. 2008. The stock, the worst performer of the benchmark SBITOP index this year, lost 36 percent of its value this year giving the company a market value of 587 million euros ($784 million).