October 30 (SeeNews) - Slovenian state fund SOD said on Wednesday it has mandated Citigroup Global Markets Limited to provide advisory services on the sale of a 73.08% stake in incumbent telco Telekom Slovenije [LJE:TLSG].
The Telekom Slovenije stake on sale is co-owned by SOD, the Slovenian government, pension fund management company Kapitalska Druzba, insurer Zavarovalnica Triglav and reinsurer Sava Re Group.
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The bid deadline in the tender for financial advisory services expired on September 19. The procedure attracted a total of 12 offers, SOD said in a statement.