Minister of Local Government and Financial Markets Mats Odell of Sweden
Swedish Finance Minister Mats Odell said Thursday that the government believed a 33-billion-euro (51-billion-dollar) bid for Swedish-Finnish operator TeliaSonera by France Telecom was too low.
did not reflect TeliaSonera's value and potential.
Odell was chairman of the Christian Democratic Youth League 1974-1981.
funds, Odell said in an interview in Dubai today.
Odell said he has had no contact with Alfa on the issue.
Odell said on Thursday he agreed with the board of TeliaSonera that an indicative bid from France Telecom did not reflect the groups full value.
Financial Markets Minister Mats Odell said the package, which followed similar plans by other European countries, was needed to restore confidence in the Swedish.
The fund was to run along the lines recently approved by Eurozone countries, and Odell said the fast-track legislation could likely.
The state has to ensure that rules are abided to," Odell said at a joint news conference with Bo Lundgren, head of the National Debt Office, noting it was key to uphold financial stability.
Odell said the move was part of a recent stability package approved by parliament and the executive European Commission.
My interpretation of what Mats Odell has said is that they don't need to sell for cash, but could do some kind of structural deal,' said Mats Anderson, an independent bank analyst.
STOCKHOLM (Thomson Financial) - Sweden's financial markets minister Mats Odell said the government is reviewing its privatisation programme in light of the subprime crisis, reported the Financial Times.
In particular Odell said the government's plans to sell its 100 pct stake in SBAB, a mortgage lender, might have to be put on hold as 'mortgage lenders are not exactly the top of everyone's list.
more important that its done right than quickly, Odell said in Stockholm on Saturday, after the first meeting of Swedens new cabinet.
Odell has been put in charge of the new center-right governments plans for selling stakes that generate about 50 billion kronor, or $6.
Financial Markets Minister Odell said Swedish banks are relatively stable but added the crisis could deepen.
var RTR_ArticleBlurb = " By Agnieszka Flak LONDON, March 13 (Reuters) - Swedish Financial Markets Minister Mats Odell said on Tuesday he expects parliament's blessing in May to sell Absolut vodka maker Vin Sprit and two other state-held firms in Sweden's.
other state-held firms in Sweden's largest-ever privatisation.
a player" in the corporate sector.
var RTR_ArticleBlurb = " STOCKHOLM, June 3 (Reuters) - Swedish Financial Markets Minister Mats Odell said on Tuesday the government's planned sales of mortgage lender SBAB [SBAB.
sales of mortgage lender SBAB [SBAB.
I thus share the TeliaSonera board's interpretation of today's bid," Odell said in a statement.
When I check out what Mats Odell has said to me in debates it turns out to be something completely different," said member of parliament Berit Andnor.
Politics: 14 Oct 08Sweden's Financial Markets Minister Mats Odell said on Tuesday the government was planning to unveil plans for a new fund to help bail out banks in the event of a financial emergency.
National: 30 Sep 08Sweden's Minister for Financial Market Mats Odell said on Tuesday that new rules to clarify how and when the Swedish government can take control of a domestic bank in financial trouble should come into effect in 2010.
Money: 12 Mar 08Sweden's financial markets minister Mats Odell said the government is reviewing its privatization programme in light of the subprime crisis.
Money: 26 Feb 08Minister for Financial Markets Mats Odell has said that Sweden welcomed investment from sovereign wealth funds.
Money: 10 Sep 07The Swedish government is to appoint a new committee to oversee the sale of shares in state-owned companies, Finance Markets Minister Mats Odell has announced.
Local government minister Mats Odell says she will stay away from her job until a final decision has been made in her case.
Politics: 18 Oct 06Financial markets minister Mats Odell is being investigated by legal experts over a possible conflict of interest.
Swedish Financial Markets Minister Mats Odell said Pernod Ricard had made the best offer of four on the table for the state-owned drinks group.
The Swedish government is stepping up efforts to sell liquor group Vin & Sprit AB -- the maker of Absolut vodka -- and expects to announce a deal next year, Financial Markets Minister Mats Odell said Tuesday.
A transaction is expected to be announced next year," Odell was quoted as saying by Swedish news agency TT.