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FNM wants to sell 15 percent share of ST

THE NATIONAL Property Fund (FNM) is considering the sale of its 15 percent share in Slovak Telecom (ST). Tatjana Lesajová, spokeswoman for the FNM said the fund has no influence on ST anyway, the Hospodárske noviny business daily reported.

Additionally, Slovak Telecom has not paid dividends for several years.

THE FNM wants to coordinate its action with the Ministry of Transportation, Post Offices and Telecommunications, which owns 34 percent shares in ST.

German Deutsche Telekom is the majority shareholder (51 percent).

Compiled by Marta Ďurianová from press reports
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