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Tele2 wants to sell German unit, has begun sale process – sources

Tele2 wants to sell German unit, has begun sale process – sources

FRANKFURT (Thomson Financial) – Tele2 AB wants to sell its German unit and has already started the sale process, Thomson Financial News’s German partner dpa-AFX reported, citing industry sources.

The company declined to comment.

Tele2 is in the process of divesting a number of European subsidiaries. It has agreed to sell subsidiaries in Hungary and France and has initiated the sale of its units in Italy and Portugal.

frederik.richter@thomson.com

dpa/fr1/mog/cm2

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