businesspress24.com - Marathon Beteiligungs GmbH closes sale transaction of stake in Telekom Austria
 

Marathon Beteiligungs GmbH closes sale transaction of stake in Telekom Austria

ID: 728765


(ots) - Marathon Beteiligungs GmbH ("Marathon"), a wholly
owned subsidiary of RPR Privatstiftung, a private trust set up by the
Austrian investor Mr. Ronny Pecik, has settled the additional sale of
approximately 16% of the outstanding shares of Telekom Austria AG
("Telekom Austria") to a wholly owned, indirect subsidiary of América
Móvil, S.A.B. de C.V. ("AMX") today. Marathon is the surviving entity
of an upstream merger (effective date: September 18, 2012) with its
former subsidiary Marathon Zwei Beteiligungs GmbH, which has publicly
disclosed on June 15, 2012 that it has entered into an agreement with
AMX to dispose of its entire shareholding in Telekom Austria AG,
consisting of approximately 21% of the outstanding shares of Telekom
Austria. As disclosed on June 15, 2012 approximately 5% of the
outstanding shares of Telekom Austria have already been transferred
on that day to AMX.
As of today and taking into consideration the above described
transaction, Marathon does not hold any further shares in Telekom
Austria.

Mr. Ronny Pecik, managing director of Marathon and vice chairman
of the supervisory board of Telekom Austria, explained after the
closing of the transaction that he is convinced that AMX is a strong
partner for Telekom Austria, which is faced with a challenging
environment.

Rückfragehinweis:
Marathon Beteiligungs GmbH
Mag. Kerstin Tater
mailto:kerstin.tater(at)andromeda.co.at
Tel: +43 1 532 18 16




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Datum: 25.09.2012 - 06:12 Uhr
Sprache: Deutsch
News-ID 728765
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Die Pressemitteilung mit dem Titel:
"Marathon Beteiligungs GmbH closes sale transaction of stake in Telekom Austria
"
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