Deals
Slovakia Will Decide on Deutsche Telekom Bid Within Week
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The Slovak government will decide on Deutsche Telekom AG’s offer to take over the rest of its Slovak unit it doesn’t own within a week, Finance Minister Peter Kazimir said.
Kazimir, speaking to reporters in Spacince, Slovakia, confirmed the talks with the German phone company, which has owned 51 percent of Slovak Telekom AS since July 2000. He declined to give a bid price for the 49 percent state stake. Three people familiar with the matter said the sides were negotiating an offer of about 900 million euros ($1 billion).