Update: DT bags $358 million for Scout24 stake

22 Jun 2017

Deutsche Telekom AG announced late today it intends to sell approximately 10 million shares in Scout24 AG, representing its entire stake of 9.3 percent. It will receive an estimated €340 million ($378 million U.S.) from the sale.

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Kate Rodriguez

Kate Rodriguez covers the German market for AIM Group. She is a freelance business writer with an extensive background in public policy, business consulting and marketing. Originally from the U.S., Kate is now based in Munich.