Skip to Content
Global News Select

Trending: Deutsche Telekom Shareholder KfW Divests 110 Million Shares

0931 GMT - Deutsche Telekom is among the most mentioned companies across news items over the past 12 hours, according to Factiva data. It follows German state-owned KfW selling 110 million of its shares in the telecommunications company for 2.49 billion euros ($2.72 billion). Shares on Tuesday morning fell 2.4%. After the divestment, the investment and development bank holds a 27.8% stake together with the German government, remaining the largest shareholders of Deutsche Telekom, KfW said late Monday. Dow Jones & Co. owns Factiva. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

June 04, 2024 05:46 ET (09:46 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Market Updates

Sponsor Center