Deutsche Telekom has acquired the remaining 49% stake it did not already own in Slovak Telecom for €900 million from the National Property Fund of the Slovak Republic.
Slovak Telecom was already a Deutsch Telekom subsidiary.
Morgan Stanley acted as financial adviser to the acquirer.
Before the acquisition went ahead Slovak Telecom had attempted a dual-listed IPO on the LSE and Bratislava Stock Exchange. Allen & Overy acted as issuer counsel on the deal with White & Case advising the underwriters.
Sam Duke - Editor
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