Blackstone refutes DT takeover rumour

26 Jun 2006

US private equity fund Blackstone has rejected a press report suggesting it was set to launch a takeover bid for Deutsche Telekom (DT). ‘We have never wanted to buy more than 4.5% of DT shares, because in our opinion this is sufficient to be a key shareholder of the group,’ said Blackstone spokesman John Ford.

Germany, Deutsche Telekom (DT)