December 12 (SeeNews) - Investors interested in a 72.75% stake in Telekom Slovenije [LJE:TLSG] that is up for sale have been asked to prepare their binding bids, state holding company SDH said on Friday.
"The management presentations for the potential investors have been completed and the investors have been asked to prepare binding offers within the time frames that are usual for comparable transactions," SDH, which is overseeing the sale process, said in an emailed response to a SeeNews inquiry.
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In the sale process, SDH is acting on behalf of the Slovenian state, Kapitalska Druzba, Pozavarovalnica Sava and Zavarovalnica Triglav.
Telekom Slovenije is the biggest company among the 15 approved for privatization by the Slovenian parliament in June 2013.