Telekom Austria Said to Vie With Funds for Serbia Broadband
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Telekom Austria AG is vying with private-equity firms to buy cable operator Serbia Broadband for as much as 1 billion euros ($1.3 billion), according to people with direct knowledge of the matter.
Telekom Austria, part-owned by the Austrian state and Mexican billionaire Carlos Slim’s America Movil SAB, got back in the race after dropping off a shortlist of companies looking at SBB’s books, two people familiar with its plans said.