Deutsche Telekom mulls sale of classifieds unit - report

Thursday 17 January 2013 | 14:24 CET | News
Deutsche Telekom is considering selling its digital classifieds business in 2013, in a deal which could raise EUR 1.5 billion, reports Bloomberg citing unnamed sources familiar with the matter. Two of the sources said that Telekom planned to appoints banks as early as Q1 2012 to prepare for a sale or IPO of Scout24 Holding. Scout24 has 13 million monthly users and operates in 22 countries.

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Categories: Internet
Companies: Deutsche Telekom
Countries: Germany
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