Monday 17 January 2011

Political chaos casts doubt on Tunisie Telecom IPO | Reuters

Tunisian state-owned Tunisie Telecom may not be able to go ahead with an investor roadshow for its planned listing in Paris and Tunis due to the political situation, investment and banking sources said on Monday.

Tunisia was expected to announce a new government on Monday after President Zine al-Abidine Ben Ali was forced from power following weeks of violent street protests.

Tunisie Telecom was due to hold investor meetings in London, Paris and Switzerland in the next week, the sources added.

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