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Carlos Slim and Austria sign Telekom Austria deal
April 23, 2014 / 7:56 PM / in 4 years

Carlos Slim and Austria sign Telekom Austria deal

VIENNA, April 23 (Reuters) - Carlos Slim and the Austrian government signed a deal to pool their stakes in Telekom Austria , the telecoms operator said, paving the way for Slim to take control of the company.

The deal signed at the eleventh hour on Wednesday was almost blocked by a boycott of a key vote by labour representatives on the supervisory board of Austrian state holding company OIAG. (Reporting by Georgina Prodhan; Editing by David Goodman)

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