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Forthnet SA receives non-binding offer for acquisition of NOVA by Hellenic Telecommunications Organization SA


Tuesday, 1 Jul 2014 03:19am EDT 

Forthnet SA:Receives a non-binding offer by Hellenic Telecommunications Organization SA for the acquisition of the activity of NOVA.Says the non-binding offer is for a consideration ranging between 250-300 million euros, on a debt-free cash-free basis.Says that the offer is based on certain assumptions and is subject to terms and conditions, customary to such transactions.Says the board of directors, following the rules of corporate governance, will evaluate the offer and inform the investing public accordingly. 

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