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Deutsche Telekom starts process to divest T-Mobile Netherlands - report

Monday 5 July 2021 | 08:30 CET | News
Deutsche Telekom has begun the process to sell T-Mobile Netherlands, Bloomberg reports citing sources familiar with the matter. The sale proceeds may bring in EUR 4.5 billion. Telekom is launching the sale process advised by Morgan Stanley. It is looking to receive the first round of offers from potential buyers this month. Private equity firms Apax Partners, Apollo Global Management, BC Partners, Providence Equity Partners and Warburg Pincus are among the potential buyers of the Telekom' subsidiary, the report added. The sale process is at an early stage and it is not yet clear whether

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Categories: General
Companies: Deutsche Telekom / T-Mobile Netherlands
Countries: Germany / Netherlands
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