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Athens News Agency: News in English, 08-05-05

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [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.

    Athens News Agency: News in English Directory - Previous Article - Next Article
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