Raivo Vare, former chairperson of Estonian Development Fund's supervisory board, who listed Eesti Telekom, suggested the state to catch its breath and think whether it has to sell its holding.
"As a private investor I'd perhaps accept.
I'd think about it as an institutional investor, state," Vare
answered the question whether he'd accept Teliasonera's offer.
didn't think it's a bad price.
said that institutional investors, state and bigger funds, shall decide whether the offer will go through.
"If they decide to sell then small can't do anything and if they decide not to sell then small ones have the time to start making up their minds," Vare
said that no way it could be used to cover daily expenses.