The Riga Stock Exchange (RSE) has proposed to carry out the privatization of Latvia’s Lattelecom electronic services provider through a public stock exchange auction, the BNS news wire reported.

RSE representatives told BNS the bourse has offered its sell-off model in a letter sent Friday to Latvian Prime Minister Ivars Godmanis, economics minister Kaspars Gerhards, transport minister Ainars Slesers and privatisation agency head Arturs Grants, according to the report.

Posted: 01|5|08 at 10:01 am. Filed under: Auction News.