ATHENS (Reuters) - Greece concluded on Wednesday the sale of a 5 percent stake in its biggest telecoms operator OTE (OTEr.AT) to Germany’s Deutsche Telekom (DTEGn.DE) for 284 million euros, ($329.50 million) the privatizations agency said.
The sale was agreed under Greece’s third international bailout.
Deutsche previously held a 40 percent stake in OTE, a former national monopoly. Following the deal its holding in the firm will stand at 45 percent.
Reporting by Angeliki Koutantou