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Share Name Share Symbol Market Type
Deutsche Telekom AG XE:DTE XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.24 1.24% 19.646 19.642 19.67 19.71 19.472 19.518 7,256,149 16:35:21

Deutsche Telekom Set to Sell Towers Business to Brookfield-Led Consortium, Handelsblatt Reports

13/07/2022 4:44pm

Dow Jones News


Deutsche Telekom (XE:DTE)
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--Deutsche Telekom has selected a surprise joint bid by Brookfield and Florida-based Digital Bridge for the sale of its towers business, German business daily Handelsblatt reports, citing unnamed sources.

--The bidders are expected to acquire a majority stake, Handelsblatt says, citing the sources.

--The news comes after Spain's Cellnex said Wednesday that it had pulled out of the running.

 

Full story in German:

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

July 13, 2022 11:29 ET (15:29 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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