LJUBLJANA (Slovenia), June 15 (SeeNews) – Slovenian state holding firm SDH, which coordinates the privatization process in the country, said on Monday it does not accept the additional conditions imposed by UK private equity fund Cinven for the acquisition of a 72.75% stake in Telekom Slovenije [LJE:TLSG].
SDH said in a statement it considers that such additional conditions represented too great a risk and could lead to an unjustified reduction in the purchase price.
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SDH said it is still ready to complete the transaction under the conditions approved by its supervisory board on June 10.