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.
Copyright AFX News Limited 2007. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.