Blackstone surprises with 4.5% stake in Deutsche Telekom

27 Apr 2006

Private equity firm Blackstone Group has bought a 4.5% stake in Deutsche Telekom from German state owned development bank KfW for Eu2.68bn, signalling a possible change in buy-out firms' investment strategies.

The block trade differs from private equity firms' usual tactic of acquiring a company as a whole, or ...

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