The State Property Fund of Ukraine calls five Austrian nationals, three of whom are EPIC managing partners, the ultimate owners of ESU (Kyiv; subsidiary of the European Privatisation and Investment Corporation, EPIC, Austria), which on March 11 acquired 92.79% of shares in Ukrtelecom
Experts expects Initial Public Offering of Ukrtelecom, the largest telecommunication company in Ukraine, on foreign exchanges in the 2014-2016 period.
EPIC Goldscheider & Wurmböck, Vienna (EPIC), the exclusive owner of EPIC Advisors Limited (EAL) and via EAL also the single owner of EPIC Services Ukraine (ESU), has resolved to optimize its holding structure
Stock market players notice insignificant influence of the sale by the State Property Fund of 92.8% of shares in Ukrtelecom, Ukraine’s biggest telecommunication company, to ESU (Kyiv; subsidiary of the European Privatisation and Investment Corporation, EPIC, Austria) on Ukrtelecom quotations
Yulia Tymoshenko, former prime minister and current leader of the Batkivschyna All-Ukrainian Association party calls understated the price at which the State Property Fund sold 92.79% of shares in Ukrtelecom, she has told a news conference.
The State Property Fund of Ukraine sold 92.79% of shares in Ukrtelecom, Ukraine’s biggest telecommunication company, to ESU (Kyiv; subsidiary of the European Privatisation and Investment Corporation, EPIC, Austria) for UAH 10.575 billion.
A new owner will unlikely make reshuffles in Ukrtelecom management, according to experts.
International bank institutions Credit Suisse First Boston and Deutsche Bank have waived claims for Kyiv-based Ukrtelecom
The State Property Fund of Ukraine has made an offer to ESU, a Kyiv-based subsidiary company of the EPIC concern (Austria), to purchase 92.79% of the shares of Ukrtelecom, the largest telecommunication company in Ukraine, for UAH 10.575 billion.
The Kyiv-based ESU company (EPIC Services Ukraine), which is a subsidiary of the EPIC concern (Austria), intends to invest UAH 450 million in development of the Ukrtelecom telecommunication company over a period of five years after acquiring it.