Croatian Competition Agency published an announcement stating that HT has delivered the documentation regarding the sale procedure of Optima Telekom. HT is obliged to sell their stake in Optima Telekom until 10 July 2021.
Croatian Competition Agency (AZNT) published an announcement stating that HT has delivered the documentation regarding the sale procedure of Optima Telekom. By doing this, HT has fulfilled the requirement set by the regulatory agency regarding the concentration of HT and Optima from June 2017.
As a reminder, HT was given the approval of AZNT to acquire a stake in Optima Telekom with a condition of its future sale.
HT is obliged to sell their stake in Optima Telekom until 10 July 2021. In case they would fail to do so, HT’s controlling stake in Optima Telekom would seize to exist (effective immediately) and HT would have to transfer their controlling stake to ZABA or a third party (not related to HT).