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Timeline
July 30, 2021
OTE intends to acquire this 30% stake from TKR subject to required approvals.
The net proceeds to OTE, after the cost of acquiring the 30% of TKRM, transaction expenses, and required adjustments, will be returned to OTE shareholders in the form of extraordinary dividend and share buybacks.
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July 30, 2021
WebWire
Hellenic Telecommunications Organization S.A. ("OTE S.A." or the "Company") announces that on July 28, 2021 the European Commission (EC) approved conditionally, the agreement announced on November 9, 2020 between OTE and Orange Romania for the sale of the 54% stake OTE holds in Telekom Romania Communications S.A. ("TKR") (the "Approval"). Specifically, the Approval is conditional on TKR divesting its 30% stake in Telekom Romania Mobile Communications S.A. (TKRM). Currently OTE holds 70%...
FinSMEs
April 22, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
References
Is a
CompanyCompany attributes
TelecommunicationLocation
MarousiParent organization
Deutsche TelekomLegal classification
Joint-stock companyNumber of employees
21,086
Founded date
October 23, 1949
Stock symbol
HTO
Stock exchange
New York Stock ExchangeOther attributes
Owner of
OTE TowerCountry
GreeceHeadquarters
Owner
Wikidata ID
