Deutsche Telekom looking into possible merger with Orange: Handelsblatt [Reuters]
DEUTSCHE TELEKOM AG S/ADR (DTEGY)
NASDAQ:AMEX Investor Relations:
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Source: Reuters
Deutsche Telekom looking into possible merger with Orange: Handelsblatt BERLIN (Reuters) - Deutsche Telekom is looking into the possibility of a tie-up with its French peer Orange, German business daily Handelsblatt reported on Wednesday, citing managers close to the matter. The German group is assessing the potential of such a deal in a strategy scenario, the paper added. Deutsche Telekom and Orange were not immediately available for comment. Deutsche Telekom’s shares extended their gains and were up 1.55% at 1325 GMT. Orange’s shares rose 1.4%.
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