Deutsche Telekom Gets $2.7B For Online Marketplace Stake
Under the terms of the deal, Deutsche Telekom will retain a 30 percent stake in the group of online marketplaces that include sites like AutoScout24, JobScout24 and TravelScout24, according to a statement.
The partial sale of Scout24 is the culmination of Deutsche Telekom’s online investment strategy over the last decade, the company said. Since the telecom...
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