06.06.2011 - 13:57 [ Wall Street Journal ]

Deutsche Telekom: Greek State To Sell 10% Of OTE

Deutsche Telekom AG (DTE.XE) Monday said Greece will sell another 10% of the shares in Hellenic Telecom, or OTE, to Deutsche Telekom for around EUR400 million.
After the transaction, Deutsche Telekom will hold 40% plus one share of OTE‘s voting rights, while the Greek state will only hold 10% plus one vote.