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Axel Springer AG Not Interest In Deutsche Telekom AG's Scout Unit-DJ

Thursday, 5 Sep 2013 06:45am EDT 

Dow Jones reported that Axel Springer AG said it isn't considering purchasing Deutsche Telekom AG's online classified ads unit Scout at the moment. Axel Springer Chief Executive Officer Mathias Doepfner has regularly said in the past that Scout would fit into Axel Springer's strategic goals. Deutsche Telekom said at the end of fiscal 2012 that it is also considering an initial public offering for the unit. 

Company Quote

-0.14 -1.04%
11:23am EST