October 15 (SeeNews) - Twelve candidates have submitted non-binding bids for 49.13% of majority state-owned Telekom Slovenije, the Economy Ministry in Ljubljana said on Monday.
The companies that had placed their offers by the October 15 deadline include UK’s Apax and Babcock & Brown, a consortium of Bain Capital & Axos Capital and Slovenian company BT Globalne Storitve, Luxembourg/U.S.-based CEP III/(Carlyle), Slovenia's Engrotus, Croatian telecom T-HT, Australia's Macquarie Bank, Hungary's Magyar Telekom, Dubai-based Oger Telecom, UK’s Providence Equity, U.S.-based SAC PCG LLP and Iceland's Skipti, the ministry said in a statement.
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Earlier this month the ministry said 15 candidates have expressed interest in buying the 49.13% stake in Telekom Slovenije.
The Slovenian government commission in charge of the sale plans to shortlist the bidders which will proceed to the second stage of the tender by the end of this month.
Shares in blue-chip Telekom Slovenije gained 0.78% to an average price of 453.69 euro ($645.8) on the Ljubljana Stock Exchange on Monday.
($ = 0.70 euro)