Bahrain’s Batelco says not to talk to buy Malta’s GO

Bahrain’s Batelco says not to talk to buy Malta’s GO

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Batelco with Malta's GO

Batelco had submitted a 60 percent bid owned by Emirates International Telecommunications ( EIT ) for GO last week.These discussions have led to a statement saying that negotiations had been for as much as 100 percent bid of GO but ended without further details.
Go declared in a statement that Tunisie Telecom had been chosen for the preferred bidder for the sale of its entire issued share point.
according to the Dubai-based firm’s website, EIT selling its stake in GO owns 35 percent of Tunisie Telecom.
An investment vehicle in Dubai Holding owned by emirate’s ruler Sheikh Mohammed bin Rashid al-Maktoum.Its subsidiaries include hotel group Jumeirah and real estate developer Dubai Properties.