Germany Selling EU4.45 Billion Deutsche Telekom Stake
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Germany is selling a 4.45 billion-euro ($5.5 billion) stake in Deutsche Telekom AG, making it the fourth European government to sell state assets in the past six weeks to help reduce a deficit that exceeds European Union limits.
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Telekom Austria AG said Monday it has agreed to purchase call rights to acquire Mobiltel AD of Bulgaria for about 1.6 billion euros ($2.09 billion).
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Germany s government will sell shares in Deutsche Telekom AG, Europe s largest phone company, worth as much as 3 billion euros ($3.7 billion). KfW Group, a German state-owned development bank, will also sell as ...
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LONDON, October 11  - Deutsche Telekom AG (DTE.ETR) has offered to buyback the remaining stake in its Internet services subsidiary, T-Online International AG, for about â¬3 billion ($3.
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German drug firm Schwarz Pharma is being bought in a 4.4bn euro deal, the third industry tie-up in recent days.
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European shares dipped Monday as investors digested news that the German government was selling up to 4 billion euros worth of shares in Deutsche Telekom and as news of weak Asian profits hit Philips.
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Deustche Bank, Germany's biggest bank, said it finalised the sale of a portfolio of 109 business properties to British investment fund Eurocastle Investment for 300 million euros (211 million pounds).
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Roechling Industrie Verwaltung GmbH said Monday it has sold its majority stake in German defense and industrial group Rheinmetall AG for an undisclosed sum.
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Germany&#39;s Roechling family completed the sale of its stake in weapons-maker Rheinmetall AG to institutional investors for 561 million euros ($743 million), people familiar with the transaction said.
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Swisscom AG  will repurchase a 25 percent stake in Swisscom Mobile from Britain's Vodafone Group Plc for 4.25 billion Swiss francs ($3.5 billion) in a long-awaited deal to fortify its home market position.
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Deutsche Telekom said it had sold its remaining 7.3 percent stake in SES Global, the world's leading satellite operator, for approximately 345 million euros (449.5 million dollars).
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Mobile phone giant Vodafone sells its 25% stake in Swisscom Mobile for 4.25bn Swiss francs (Â£1.8bn).
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Telekom Austria AG, Austria&#39;s biggest phone operator won the right to buy Bulgaria&#39;s largest mobile phone company, MobilTel EAD.
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Shares in Bulgarian Telecommunications Company jumped 36 per cent to Lev297 yesterday after the government sold its minority stake in an electronic auction on the Sofia bourse.
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Telecom Italia's board approves a 20bn euros buyout of the 44% stake it does not already own of its mobile unit TIM.
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THE German government has sold a 6.3 per cent stake in phone operator Deutsche Telekom, raising up to Â£3.1 billion to help cut its growing budget deficit.
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Deutsche Telekom has consolidated its position as the largest internet company in Europe by purchasing the quarter of T-Online it did not already own for just under â¬3bn (Â£2.