Deutsche Telekom Said to Hit Brakes on T-Mobile Merger
FROM THE WIRE · FINANCE.YAHOO.COM
Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Deutsche Telekom's plans to combine with its American arm T-Mobile have hit a snag, people familiar with the matter said, casting doubt on what would be the largest-ever public merger. Video Transcript 00:00…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA potentially very large merger that affects Deutsche Telekom and T-Mobile US.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01According to people familiar, Deutsche Telekom has hit the brakes on combining with T-Mobile.
- 02Deutsche Telekom already controls more than 50% of T-Mobile.
- 03Several milestones still need to be cleared before a formal offer.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Deutsche Telekom AG25.83 EURMarket closedtoday -0.04%Neutral T-Mobile US, Inc.154.41 USDMarket closedtoday -3.58%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets