Deutsche Telekom Said to Consider Bid for Telekom Slovenije
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Deutsche Telekom AG, Europe’s biggest phone company, is considering a bid for Slovenia’s Telekom Slovenije d.d. to add to its eastern European operations, according to people familiar with the matter.
JPMorgan Chase & Co. and Barclays Plc are advising the German carrier on an offer for the operator that is about 73 percent owned by Slovenia’s government, said one of the people, who asked not to be identified because the plans aren’t public. Telekom Slovenije rose 2.1 percent to 146 euros in Ljubljana for a market value of 954 million euros ($1.3 billion).