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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Deutsche Telekom AG | TG:DTE | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.04 | -0.18% | 21.66 | 21.62 | 21.69 | 21.78 | 21.61 | 21.74 | 150,198 | 22:50:02 |
From May 2019 to May 2024
FRANKFURT--Germany's Deutsche Telekom AG (DTE.XE) is in initial talks to sell Internet service provider T-Online to media company Axel Springer SE (SPR.XE), German magazine Wirtschaftswoche reports Saturday, citing company sources.
Executives of both companies have met to discuss such a transaction, it says.
A spokesman for Deutsche Telekom declined to comment when contacted Saturday. Springer wasn't available for a statement.
A tie-up would merge Germany's No. 1 and 3 online portals, T-Online and Springer's Bild.de, with 314 million and 295 million views in November, respectively.
Deutsche Telekom Chief Executive Timotheus Hoettges is determined to sell the unit but may keep some parts of it, Wirtschaftswoche adds.
Write to Frankfurt bureau at djnews.frankfurt@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Deutsche Telekom Chart |
1 Month Deutsche Telekom Chart |
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