Hellenic Telecommunications Organization S.A. (“OTE”) announces that the sale of its 54% stake in Telekom Romania Communications S.A. (“TKR”) to Orange Romania has been successfully completed today. The final equity consideration reached €295.6mn. OTE anticipates distributing to shareholders approximately €174mn, in the form of extraordinary dividend and incremental share buybacks. The dividend distribution, subject to appropriate corporate approvals, is expected […]