Slovenia rejects Cinven’s altered bid for Telekom Slovenia-Reuters

(Reuters) Slovenian state firm SDH, which is coordinating the sale of Telekom Slovenia, on Monday rejected UK investment firm Cinven‘s bid for state-owned Telekom, SDH said in a statement.

It said the bid was rejected because Cinven, which was the only bidder for Telekom, last week attached additional conditions to its binding bid which was sent in on May 20.