Cutting Edge-Telecom Italia to merge
Deutsche Telekom and Telecom Italia are to form the world’s second largest telecommunications company in what they describe as a merger of equals. The merger will be achieved through a stock swap with Deutsche Telekom shareholders owning 57% of the new company. The German government is selling part of its 72% stake in Deutsche Telekom and will hold a 40% stake in the merged company.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: