PM Says Govt to Continue Pursuing Telco Sale
Prime Minister Janez Jansa said on Wednesday in Ljubljana that the government would push ahead with the privatisation of nearly 50% of the national telco and that "all options are still open".
The announcement comes two days after the commission overseeing the sale of the stake proposed to the government not to sell to either of the remaining bidders in an ongoing public call, Iceland's telco Skipti and the British-German consortium Bain Capital & Axos Capital & BT.
"I haven't read the recommendations by the privatisation commission...We will decide after reviewing all our options," Jansa said.
He added that all options remained on the table, including a sale of the shares to the public, similar to that carried out with shares of the NKBM, Slovenia's second-largest bank, late last year.
Jansa defended the government's actions in withdrawing from business, saying that the telco privatisation showed that it had adopted a "well-weighed approach".
"We are acting like a good manager should. We accept good offers if we get them, otherwise we don't accept them," he said.
Speaking about the privatisation of Zavarovalnica Triglav, Slovenia's largest insurer, Jansa said that the government was still trying to reach a compromise between the available options.
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