(BFW) Alken Sells Jazztel Stake, Ending Bid to Raise Price: Expansion


BN 12/10 06:25 *ALKEN SELLS JAZZTEL STAKE, ENDING BID TO RAISE PRICE: EXPANSION

Alken Sells Jazztel Stake, Ending Bid to Raise Price: Expansion
2014-12-10 06:31:42.828 GMT


By Ben Sills
Dec. 10 (Bloomberg) -- Alken Asset Management sells entire
6% stake in Jazztel saying other stocks off better
opportunities, Expansion reports.
* Alken had rejected Orange’s bid of EU13 / shr for Jazztel,
saying co. was worth EU20 / shr
* NOTE: Last week, Orange’s Jazztel Bid Gets In-Depth EU Probe
on Pricing Concerns Link

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To contact the editor responsible for this story:
Ben Sills at +34-91-700-9603 or
bsills@bloomberg.net