America Movil to pay for rest of Telekom Austria

miércoles 23 de abril de 2014 16:28 GYT

MEXICO CITY, April 23 (Reuters) - Mexican telecommunications company America Movil said on Wednesday it would pay 7.15 euros a share for the rest of Telekom Austria's stock still in circulation.

America Movil, controlled by billionaire Carlos Slim, and the Austrian government earlier signed a deal to pool their stakes in Telekom Austria, paving the way for Slim to take control of the company. (Reporting by Mexico City Newsroom)