Telekom Slovenije denies knowingly paying too much for Actual I.T.

Ljubljana – Telekom Slovenije rejected on Monday reports it had knowingly engaged in an allegedly harmful and overpaid acquisition of software developer Actual I.T. in March this year. The state-owned telco said the EUR 30 million deal, which is still subject to suspensive conditions, had undergone a due diligence check and two independent valuations. Reacting to leaked minutes of management and supervisory board sessions which the news portal Necenzurirano said showed the company had ignored warnings about the agreed price being substantially too high, Telekom wrote the acquisition had already…

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