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Showing posts with label deals. Show all posts
Showing posts with label deals. Show all posts

Thursday, October 10, 2013

Deutsche Telekom haggles with buyout firms over Scout24 sale: sources

The logo of Deutsche Telekom is pictured on the 266 metre high ''Colonia'' TV tower in the western German city of Cologne March 25, 2013. REUTERS/Wolfgang Rattay
(Reuters) - Five buyout firms are expected to bid next week for a stake in Deutsche Telekom's online classified advertising business Scout24, valuing the equity and debt of the whole unit at $2.2-2.3 billion, three sources close to the process said.