ZAGREB, Sept 29 (Hina) - The Croatian Government at Wednesday's session discussed the bid by the Swedish-Norwegian telecommunications company Telia-Telenor for the purchase of a 35 per cent share of Croatian Telecommunications. Their
offer of US$611 million was assessed as too low, and the bid was not accepted, the Government's Public and Media Relations Office said in a statement after the session. The Government also decided to open another round of bids, enabling the Telia-Telenor and Deutsche Telecom companies to submit their bids again. They are two strategic investors who indicated serious interest for the purchase of Croatian Telecommunications stock. The Government thus decided to invite their bids again on October 4.(hina) lml
ZAGREB, Sept 29 (Hina) - The Croatian Government at Wednesday's
session discussed the bid by the Swedish-Norwegian
telecommunications company Telia-Telenor for the purchase of a 35
per cent share of Croatian Telecommunications.
Their offer of US$611 million was assessed as too low, and the bid
was not accepted, the Government's Public and Media Relations
Office said in a statement after the session.
The Government also decided to open another round of bids, enabling
the Telia-Telenor and Deutsche Telecom companies to submit their
bids again.
They are two strategic investors who indicated serious interest for
the purchase of Croatian Telecommunications stock.
The Government thus decided to invite their bids again on October
4.
(hina) lml