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Athens News Agency: News in English, 08-05-05
CONTENTS
[01] MIG: Deal with DT within 2 weeks
[01] MIG: Deal with DT within 2 weeks
Athens-based Marfin Investment Group (MIG) on Monday said it expects a
transaction deal with Deutsche Telekom over the sale of MIG's equity
stake in Hellenic Telecommunications Organisation (OTE) to be completed
in the next two weeks. The German telecoms giant is in the last stages
of negotiations with the Greek government over the purchase of around
30 percent in the state-run telecoms group, in which MIG holds a
minority equity stake of around 20 percent. Gov't on OTE Meanwhile,
government spokesman Theodoros Roussopoulos said the government's
search for a "strategic partner with the appropriate management" was in
ruling New Democracy party's programme, and unveiled some five years
ago when the party was still in the opposition.
Caption: A file photo dated Wednesday, March 14, 2007, shows the
exterior of OTE's headquarters in the northern Athens district of
Maroussi. ANA-MPA / P. SAITAS.
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